The Supreme Court of India(SCI)on Tuesday Oct 25,2016 directed liquor baron Vijay Mallya to
give complete details of his assets outside India in four weeks, saying
it was of the "prima facie view" that he has not made proper disclosure
of his assets.
A bench of Justices Kurian Joseph and R F Nariman also pulled up Mallya for not giving details of USD 40 million which he had received from British firm Diageo on February this year.
"We are prima facie of the view that the report has not made a proper disclosure in respect of our order of April 7, 2016, directing to make complete disclosure of assests and in particular, the receipt of USD 40 million as when it was received and how it has been dealt till date," the bench said.
It also asked Mallya, who had earlier informed the court about his properties in India, to disclose complete details of his assets abroad in four weeks.
The bench posted the matter for further hearing on November 24,2016
A bench of Justices Kurian Joseph and R F Nariman also pulled up Mallya for not giving details of USD 40 million which he had received from British firm Diageo on February this year.
"We are prima facie of the view that the report has not made a proper disclosure in respect of our order of April 7, 2016, directing to make complete disclosure of assests and in particular, the receipt of USD 40 million as when it was received and how it has been dealt till date," the bench said.
It also asked Mallya, who had earlier informed the court about his properties in India, to disclose complete details of his assets abroad in four weeks.
The bench posted the matter for further hearing on November 24,2016
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