The Supreme Court on Friday refused to stay the proceedings of the Enforcement Directorate (ED) against absconding businessman Vijay Mallya in a Mumbai court to declare the latter a fugitive economic offender.
A bench comprising Chief Justice Ranjan Gogoi and Justice S K Kaul, however, issued a notice to the ED seeking its reply on Mallya’s plea challenging the ongoing proceedings.
The ED moved the special court seeking to declare the London based industrialist a fugitive economic offender under the Fugitive Economic Offender Act 2018. The Bombay High Court recently dismissed Mallya’s appeal. The industrialist has filed an appeal against the high court order.