• Thursday, April 18, 2024

Business

Indian Court Rejects Vijay Mallya’s Plea To Stay On Proceedings To List Him As Fugitive Economic Offender

Dismissing the plea of Mallya, special judge, MS Azmi said that he will hear arguments on November 22 on the petition filed by the ED to declare as an FEO (Photo: Leon Neal/Getty Images).

By: Radhakrishna N S

A special Indian court on Tuesday (30) dismissed fugitive business tycoon, Vijay Mallya’s petition which sought a stay on the proceedings started by the country’s investigation agency, Enforcement Directorate (ED) to declare him as a fugitive economic offender (EFO). Dismissing the plea of Mallya, special judge, MS Azmi said that he will hear arguments on November 22 on the petition filed by the ED to declare as an FEO. The special court had witnessed heated arguments on last week from the lawyer representing Mallya and ED’s counsel on the petition seeking a stay on proceedings started by the federal financial…

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