INDIA’S Supreme Court has given a “final opportunity” to fugitive businessman Vijay Mallya to appear before it personally or through his lawyer in a contempt case where he has been found guilty.
Mallya, who is currently living in the UK, is accused of bank loan defaults of more than Rs 90 billion (£880 million) in India involving his now-defunct Kingfisher Airlines.
The top court said it has given multiple opportunities to Mallya to appear either personally or through a lawyer.
A bench of justices U U Lalit, S Ravindra Bhat and P S Narasimha posted the contempt case for further hearing after two weeks.
It said Mallya is at liberty to act as per the direction given in its order on November 30 last year, failing which the matter shall be taken to its "logical conclusion".
At the outset, the bench told senior advocate Jaideep Gupta, who has been appointed amicus curiae in the matter, that it has found the contemnor guilty of contempt of court, and now, punishment has to be imposed.
"Going by normal logic, the contemnor has to be heard but from that stage, he has not appeared before the court. What course should the court adopt?" the bench asked Gupta.
Gupta said that the contemnor does not need to be physically present, and he can appear through his counsel, and the court may clarify this further in its order.
Justice Bhat said the case has different colours, and the contemnor has abstained from the proceedings.
"Next hearing, the same thing will happen. We will have to pronounce the sentence in absentia. In this situation, in other countries courts are not powerless. We want assistance in that regard," Justice Bhat said.
The bench said this problem should not become a gateway for courts of first instance to adopt this course.
"We will have to say that this is in extraordinary circumstances in which he has been found guilty and is on the run. We need to have appropriate safeguards," it said.
Gupta said the court would have to make it clear what would happen and what consequences would follow if Mallya does not appear either personally or through his lawyer.
Solicitor general Tushar Mehta, appearing for the government, said the court has inherent jurisdiction in contempt cases and that it has given enough opportunity to Mallya, which he has not taken.
He said the Indian government has been informed by UK officials that there is some confidential proceeding going on which cannot be shared.
The bench asked Gupta, "What should the court do? Should we appoint an amicus for the contemnor or do we proceed ahead? Normally, in criminal matters, we appoint an amicus to represent the accused."
Gupta said if no lawyer appears for him or makes submissions on behalf of him, then the court should appoint an amicus curiae to represent the accused.
On November 30 last year, the top court had said it could wait any longer and the sentencing aspect in the contempt matter against Mallya would be dealt with finally.
It had in 2020 dismissed Mallya's plea seeking a review of its 2017 verdict which held him guilty of contempt for transferring $40 million (£29.46m) to his children in violation of court orders.
On January 18 last year, the Indian government had said it was 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 has been in the UK since March 2016. He is on bail on an extradition warrant executed three years ago by the Scotland Yard on April 18, 2017.
(PTI)
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Nvidia co-founder Jensen Huang has resigned as chief executive, ending a 33-year leadership tenure at the company he helped build into an AI industry powerhouse
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The end of an era at Nvidia: Jensen Huang quits as CEO after 33 years
Nov 12, 2026
- Huang's departure follows reports of two extramarital relationships and allegations involving a suspected Chinese intelligence operation
- Chief financial officer Colette Kress will serve as interim CEO while the board searches for a permanent successor
- The leadership change comes as Nvidia faces growing scrutiny over its business links to China and national security concerns
Jensen Huang's departure from Nvidia marks the end of one of the longest and most consequential leadership tenures in the technology industry, leaving the world's leading AI chipmaker facing an unexpected succession challenge.
The 63-year-old co-founder has stepped down as chief executive after 33 years at the company, following reports about his personal relationships and allegations that one of the women involved was connected to a suspected Chinese intelligence operation.
Nvidia confirmed the resignation on Thursday, thanking Huang for his contribution to the company and the wider technology industry.
"Jensen's contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry," the company said in a statement.
Chief financial officer Colette Kress will take over as interim chief executive while the board searches for a permanent replacement. The company said it would consider both internal and external candidates.
Nvidia chairman Harvey Jones said Kress had helped guide the business through a period of extraordinary growth and had a strong understanding of its operations, customers and financial position.
The board also expressed confidence that the leadership transition would not disrupt the company's operations, customer commitments or product roadmap.
What led to Huang's departure?
The controversy began with reports that Huang had an extramarital relationship with Alice Huang, a former director at Megaspeed, who is not related to him.
The woman was reportedly suspected by US intelligence of facilitating shipments of Nvidia microchips to Chinese companies as part of a foreign intelligence operation. The allegations have not been established as fact, and China has rejected the espionage claims.
Huang later acknowledged being unfaithful to his wife in a message to Nvidia employees, saying he was "deeply sorry". He did not provide further details.
Reports subsequently emerged alleging that he had also been involved in a relationship with Kimberly Powell, Nvidia's vice president of healthcare, who is married.
Nvidia's board commissioned an independent investigation led by law firm Wachtell, Lipton, Rosen & Katz following the reports. The allegations have raised questions about executive conduct, corporate governance and the potential national security implications of the company's relationships in China.
The controversy has also attracted political attention in Washington. Republican leaders of three House committees requested closed-door testimony from Huang about his reported interactions with the alleged intelligence operative.
Democratic senators Elizabeth Warren and Chris Coons separately wrote to Commerce Secretary Howard Lutnick, demanding that records relating to Nvidia's business dealings with China be preserved.
The Chinese foreign ministry rejected the espionage allegations, describing them as "purely unsubstantiated" and an attempt to smear the country.
What happens to Nvidia after its co-founder leaves?
Huang's departure creates a significant leadership challenge for a company that has become central to the global artificial intelligence boom.
He co-founded Nvidia in 1993 and led its transformation from a graphics processor manufacturer into the dominant supplier of chips used to train and run advanced AI systems.
Its processors have become essential infrastructure for technology companies investing billions in artificial intelligence, placing Nvidia at the centre of the competition between the US and China.
The company has grown into one of the world's most valuable businesses, with a market capitalisation approaching $4tn. Its position has also made Huang one of the most influential figures in the technology industry.
His exit comes at a sensitive time for Nvidia's relationship with Washington. The chief executive had argued that allowing American chipmakers to sell to China would help preserve US technological leadership and prevent Chinese customers from turning to domestic alternatives.
However, some US lawmakers have pushed for tighter restrictions, warning that access to advanced processors could strengthen China's military AI capabilities.
The controversy has added pressure to that debate, particularly as lawmakers seek greater scrutiny of Nvidia's dealings with Chinese companies and institutions.
Huang's successor will therefore inherit more than a rapidly growing chip business. The role will involve navigating export restrictions, political scrutiny, competition from rival chipmakers and the enormous spending commitments underpinning the AI industry.
For now, Kress will oversee the transition. Whether Nvidia can maintain its strategic direction without the founder who shaped its rise will be one of the biggest questions facing the company.
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