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Rajya Sabha accepts Vijay Mallya's resignation

House will now take a call on the recommendation before adopting or rejecting the committee report

Policy Pulse
Publish Date: May 4 2016 4:44PM | Updated Date: May 4 2016 8:16PM

Rajya Sabha accepts Vijay Mallya's resignation

 File photo of Vijay Mallya in Parliament


The Rajya Sabha accepted the resignation of the beleaguered liquor baron Vijay Mallya, who is accused of defaulting on a Rs.9,000-crore loan he had taken from Indian banks, in Wednesday.


Deputy Chairman P.J. Kurien said Hamid Ansari, who chairs the house, accepted the resignation Mallya had sent on Tuesday. 


"Rajya Sabha accepts resignation of Vijay Mallya with effect from May 4," Kurien announced.


The parliament term of Mallya, who is believed to have taken refuge in the United Kingdom, was to end later this month.