No Relief For Mallya as SC Refuses to Stay ED Proceedings to Declare Him Fugitive Economic Offender
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No Relief For Mallya as SC Refuses to Stay ED Proceedings to Declare Him Fugitive Economic Offender

By India.com   07 Dec 2018

No Relief For Mallya as SC Refuses to Stay ED Proceedings to Declare Him Fugitive Economic Offender

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.

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