Liquor baron Vijay Mallya's passport was revoked by MEA on Sunday.
"After having considered replies by Vijay Mallya, MEA (Ministry of External Affairs) revokes his passport under S.10(3)(c) & (h) of Passports Act," foreign ministry spokesman Vikas Swarup tweeted.
Mallya, who's been in Britain for almost a month now, is facing legal proceedings for alleged default of loans worth over Rs 9,000 crores from sevaral banks.
Ministry had on Friday said the Centre was committed to bringing Mallya back in India to face justice.
“We are considering steps for Mallya's deportation," foreign ministry spokesman Vikas Swarup said on Friday.
Weeks ago Enforcement Directorate (ED) had asked that Mallya's passport be revoked for non-cooperation with investigators, after he failed to turn up before the agency that has summoned him three times.
Last week, the MEA suspended the liquor baron's passport on the advice of the ED.
"Mallya has been asked to respond within one week as to why his passport should not be impounded or revoked under section 10(3)(c) of the Passports Act, 1967. If he fails to respond within the specified time, it will be presumed that he has no response to offer and the MEA will go ahead with the revocation," MEA spokesman Vikas Swarup had said after Mallya's passport was suspended last week.
He was supposed to present himself before the ED's investigators in Mumbai on April 15 in a money laundering investigation in tmore than Rs 900 crore IDBI loan fraud case.
ED has filed a money laundering case against Mallya and others. The agency is also probing the financial structure of Kingfisher Airlines, which is now defunct.
Mallya was first summoned by ED to "appear in person" at its office in Mumbai on March 18 but he requested for more time citing his prior engagements, after which the agency asked him to depose on April 2.