Mallya does not appear before SC in contempt case
10 July 2017 10:38 PM IST
Embattled businessman Vijay Mallya, who was held guilty of contempt, on Monday failed to make a personal appearance before the Supreme Court despite being directed to do so.
A bench comprising of Justices A K Goel and U U Lalit fixed the matter for hearing on July 14 and sought the assistance of the Solicitor General in the case.
The apex court had on May 9 held Mallya, who is presently in the United Kingdom, guilty of contempt on a plea by the consortium of lender banks, led by the State Bank of India, for his failure to furnish details of all his Indian as well as offshore assets.
It had directed Mallya to appear before it on Monday to argue on the quantum of punishment.
The offence of contempt of court entails a maximum imprisonment of up to six months or a fine of upto Rs 2,000 or both.
India had recently asked Britain to ensure early extradition of Mallya, who is an accused in a bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines.
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