Wednesday, January 15, 2025
spot_img

Court orders attachment of Mallya’ s properties

Date:

Share post:

spot_img
spot_img

New Delhi: A Delhi court on Thursday ordered attachment of liquor baron Vijay Mallya’s properties in Bengaluru in a case relating to FERA violations.
Chief Metropolitan Magistrate Deepak Sherawat issued fresh directions after Bengaluru police, through Enforcement Directorate (ED), sought more time to execute its earlier order.
Special public prosecutor N K Matta and advocate Samvedna Verma, representing the ED, told the court that the process to attach the properties was on and due to lack of sufficient time, could not be completed on time.
Mallya has been declared a proclaimed offender by the court on January 4 for evading its summons in the case. “It is submitted that the process of attaching the properties of Vijay Mallya is being continued by the revenue authorities.
Due to lack of sufficient time to execute the attachment of warrant, the same could not be executed on time. “In order to execute the same, some more reasonable time is required.
Therefore, it is respectfully submitted that this court may kindly be pleased to grant some more time to execute the warrant of attachment,” the ED said.
Bengaluru police had in July informed the court that it has identified 159 properties belonging to Mallya for attachment.
However, it was unable to attach the properties as some of these had already been attached by the ED of Mumbai Zone and remaining assets were part of the liquidation proceedings.
The ED had told the court that it was identifying other properties of Mallya. (PTI)

spot_img
spot_img

Related articles

New Mizoram Governor Gen V.K Singh (retd) to be sworn in tomorrow

Aizawl, Jan 15: Former Union Minister and Army chief, Gen Vijay Kumar Singh (retd) reached Mizoram on Wednesday...

NIA secures first conviction of 2025 in FICN case, four accused sentenced

New Delhi, Jan 15: The National Investigation Agency (NIA) secured its first conviction of 2025, with the Special...

1.59 lakh startups, 16.6 lakh jobs make India world’s 3rd largest ecosystem: Centre

New Delhi, Jan 15: With more than 1.59 lakh startups recognised by the Department for Promotion of Industry...

Thailand eases long-term visa rules to attract foreign talent, investment

Bangkok, Jan 15: Thailand has announced updates to a long-term resident visa programme to broaden its appeal to...