Mallya's contempt case: Final hearing in SC on Jan 18

One-liner: The Supreme Court on Tuesday said the contempt matter involving fugitive businessman Vijay Mallya, accused in bank loan default case of over ₹9K crore, will be dealt with finally on Jan 18 next year.

Long wait for apex court: Observing that the apex court has waited sufficiently long, a bench said, “We can't be waiting any longer now”. The bench noted that Mallya was held guilty of contempt in 2017.

Amicus curiae: The top court requested senior Jaideep Gupta to assist it as an amicus curiae (friend of the court) in the matter.

Mallya's plea dismissed: The apex court had earlier dismissed Mallya's plea seeking review of its 2017 verdict which held him guilty of contempt for transferring $40mn to his children in violation of the court orders.

• On Jan 18 this year, the Centre told the top court that the govt is making all efforts to extradite Mallya from the UK but the process is being delayed due to some legal issues involved in the matter
• Mallya, an accused in a bank loan default case of over ₹9K crore involving his defunct Kingfisher Airlines, is in the UK since March 2016. He is on bail on an extradition warrant executed three years ago by Scotland Yard on April 18, 2017

Source: PTI