Delhi court orders attachment of Mallya’s Bangalore properties by July 10

New Delhi: A Delhi court has ordered attachment of liquor baron Vijay Mallya’s properties in Bangalore in a case relating to FERA violations.

Chief Metropolitan Magistrate Deepak Sherawat issued fresh directions after the Bangalore Police, through Enforcement Directorate’s (ED) special public prosecutor NK Matta and advocate Samvedna Verma, sought more time to execute its earlier order in this regard. The court directed the state police to attach the properties by July 10, the next date of hearing.

The Bangalore Police had earlier informed the court that it had identified 159 properties belonging to Mallya, but had not been able to attach any of them. Mallya was declared a proclaimed offender by the court January 4 last year for evading its summons in a Foreign Exchange Management Act (FERA) violation case.

The court had May 8 last year directed the attachment of Mallya’s properties in the case through the Bangalore Police commissioner and sought a report on it.

The court had also April 12, 2017 issued an open-ended non-bailable warrant (NBW) against the liquor baron. Unlike a non-bailable warrant, an ‘open-ended NBW’ does not carry a time limit for execution.

It should be stated here that extradition proceedings are on against Mallya as the ED is making every effort to bring the fugitive businessman to India.

PTI

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