SC to hear Mallya plea against confiscation

SC to hear Mallya plea against confiscation

Agency News

New Delhi, Jul 29 : The Supreme Court on Monday agreed to hear the petition of fugitive liquor baron Vijay Mallya seeking a stay on confiscation of properties owned by him and his relatives and posted the matter for August 2.

Mallya said that it was wrong on part of the Enforcement Directorate to confiscate those properties which are unrelated to Kingfisher Airlines related debt of more than Rs 6,000 crore owed to consortium of banks.

Senior advocate Fali S Nariman, appearing for Mallya, sought adjournment of hearing on the petition questioning the confiscation of properties.

A bench of the Apex Court, headed by Chief Justice Ranjan Gogoi, deferred the matter for August 2.

"We are adjourning the matter today. We will hear it on August 2, Friday. Let the matter be listed for hearing on that day," the bench said in its order.

Notably, Mallya had moved the Apex Court against the Bombay High Court's order refusing to stay confiscation of properties. (UNI)