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SC asks banks to respond to Mallya's plea

Attorney General Mukul Rohatgi tells it that Mallya's plea for recall of order could not be entertained

Policy Pulse
Publish Date: Aug 29 2016 1:56PM | Updated Date: Aug 29 2016 1:56PM

SC asks banks to respond to Mallya's plea

 Supreme Court asked the consortium of banks led by the State Bank of India to respond to liquor baron Vijay Mallya's appeal seeking recall of the notice of contempt for allegedly not making full disclosure of all the assets owned by him and his family as directed by the top court previously.

 
Giving ten days  time to the SBI to file its response, it gave Mallya a week's time to file his rejoinder as it directed the hearing of the matter on September 27, 2016.
 
Mallya's lawyer said the liquor baron has contended that disclosure of the assets was for settlement of outstanding dues with banks, and as no settlement was taking place he was not obliged to make disclosure and therefore there was no contempt.
 
Attorney General Mukul Rohatgi told the court that Mallya's petition for the recall of the order could not be entertained as he has failed to make a personal appearance before the court. 
 
However, Justice Nariman asked him to respond to Mallya's plea seeking the recall of the contempt notice so that the pleadings in the case are completed and it is finally heard on any Tuesday.