Delhi Court orders attachment of liquor baron Vijay Mallya’s properties in Bengaluru

By: |
Updated: Mar 23, 2019 12:32 PM

The court directed the state police to attach the properties by July 10, the next date of hearing.

Vijay Mallya, Vijay Mallya properties in Bengaluru, FERA violations, delhi court, Bengaluru Police, non bailable warrant for vijay mallyaThe Bengaluru Police had earlier informed the court that it had identified 159 properties belonging to Mallya, but had not been able to attach any of them. (PTI)

A Delhi court has 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 the Bengaluru Police, through Enforcement Directorate’s special public prosecutor N K Matta and advocate Samvedna Verma, sought more time to execute its earlier order in this regard.

The court directed the state police to attach the properties by July 10, the next date of hearing. The Bengaluru Police had earlier informed the court that it had identified 159 properties belonging to Mallya, but had not been able to attach any of them. Mallya was declared a proclaimed offender by the court on January 4 last year for evading its summons in the case.

Also read: Delhi CM Arvind Kejriwal questions PM Modi over attack on minority community in Gurugram

The court had on May 8 last year directed the attachment of Mallya’s properties in the case through the Bengaluru Police commissioner and sought a report on it. It had declared Mallya a proclaimed offender for evading summons in a Foreign Exchange Management Act (FERA) violation case after noting that he had failed to appear despite repeated summonses.

It had on April 12, 2017 issued an open-ended non-bailable warrant (NBW) against the liquor baron. Unlike a non-bailable warrant, an ‘open-ended NBW’ does not carry a time limit for execution.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
19.99 lakh healthcare workers received vaccine shots till Thursday 6 pm: Centre
2Protesting farmer unions reject govt’s proposal: Samyukt Kisan Morcha
3SC-appointed panel starts consultation on agri laws; interacts with farm bodies from 8 states