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Showing posts with label Dr Vijay Mallya Gets Bail Three Hours After Arrest. Show all posts
Showing posts with label Dr Vijay Mallya Gets Bail Three Hours After Arrest. Show all posts

Tuesday 18 April 2017

Dr Vijay Mallya Gets Bail Three Hours After Arrest

Dr Vijay Mallya Gets Bail Three Hours After Arrest 
स्कॉटलैंड यार्ड पुलिस ने Dr विजय माल्या को Westminster में गिरफ्तार किया  
 

According to television reports,  Liquor baron Dr Vijay Mallya has been Arrested in London by Scotland Yard.  Dr Vijay Mallya will be produced at the UK’s Westminster Magistrates’ Court later on Tuesday. Dr Vijay Mallya  now also faces extradition, “specifically on India’s request. The extradition process from the UK involves a number of steps including a decision by the judge whether to issue a warrant of arrest. In case of a warrant, the person is arrested and brought before the court for preliminary hearing followed by an extradition hearing, before a final decision is taken by the Secretary of State.  
The wanted person has a right to appeal to the higher courts against any decision, all the way up to the Supreme Court.
Mallya is wanted in India for a loan default of over INR  9000 Cr.  Earlier in March, the British Government certified India’s request to extradite Dr Vijay Mallya and sent the request to a district judge for further action.  The Central Bureau of Investigation [ CBI ] will likely make its way to the UK in relation to the case.

Time line of the Dr Vijay Mallya Case
In 2016 a consortium of 16 Banks moved the Debt Recovery Tribunal to hear a July 2013 petition to recover dues of Rs 9,081 crore, including interest, that was loaned to Mallya’s now defunct Kingfisher Airlines.

Dr Mallya left India on 2 March 2016 for London.

Dr Mallya offered to negotiate with the banks for a one-time settlement of dues and sought the Supreme Court’s intervention.

Banks had previously shot down Mallya’s offer of INR 6868 Crore in April 2016 to settle the dues.

A formal extradition request by the MEA in respect to Dr Vijay Mallya was handed over to the British High Commission vide our note verbale dated 8 February 2017.

The UK Home Office, London, vide their note verbale dated 21 February 2017 conveyed that the request has been certified by the Secretary of State and sent to Westminster Magistrates’ Court

Delhi Court Issues a Non-Bailable Warrant Against Dr Vijay Mallya on 12 April 2017.

Setting in motion the process of extradition, the British government certifies India’s request and sends it to a district judge for further action in March 2017.



Vijay Mallya, Who Fled India In 2016, Arrested In London By Scotland ...
www.ndtv.com › All India
15 mins ago - Liquor baron Vijay Mallya was arrested in London by Scotland Yard (file photo: AFP) ... Business tycoon Vijay Mallya, accused of defaulting on loans worth crores, has been arrested in London and will be produced in a metropolitan court today. ... But initially, British officials said even ...








Vijay Mallya, the fugitive Indian liquor baron, finally arrested in London
www.firstpost.com › Business News
1 hour ago - Vijay Mallya, India's liquor baron, has been arrested in London (UK) a short while ago, a CNN News18 report said. After the great Indian ...

Vijay Mallya: Vijay Mallya arrested in London | India News - Times of ...
5 mins ago - NEW DELHI: Embattled businessman and loan defaulter Vijay Mallya was arrested on Tuesday by Scotland Yard on an extradition warrant by ...
Vijay Mallya arrested by UK police in London, to be produced in court ...
50 mins ago - Liquor baron Vijay Mallya, wanted by India for financial irregularities, was arrested in London on Tuesday. India had requested UK.
Vijay Mallya (@TheVijayMallya) | Twitter
Instalappery complete - back to base for both the Fonz and the VJM10. Conveniently, they both arrive at the same time. #BahrainTestpic.twitter.com/t3bgajftPP.
Live: Vijay Mallya Arrested by Scotland Yard in London - The Quint
14 mins ago - Vijay Mallya is wanted in India for a loan default of over Rs 9000 crore.
Vijay Mallya arrested in London, say sources | Business Line
1 hour ago - Industrialist Vijay Mallya, who has been declared a proclaimed offender, was arrested today in the UK by Scotland Yard on India's request for ...