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.