Businessman Vijay Mallya a declared fugitive by probing agencies in India, has petitioned in the Supreme Court of India through his counsel seeking a stay on confiscation of his properties not related to the Kingfisher Airlines. The plea comes days after the Bombay High Court rejected a similar petition filed by Mallya.
Mallya, who is currently in the UK, has written in his petition before the Indian apex court that properties which are not related to Kingfisher Airlines cannot be attached under the legal provisions.
Mallya has “wilfully defaulted” a collective loan amount of nearly 9,000 crores. The Indian agencies are actively pursuing Mallya’s extradition with their UK counterparts, however, the route to Mallya’s extradition to India seems far off as of now.