Skip to content
Search

Latest Stories

Mallya's extradition from UK delayed due to legal issues, India tells top court

INDIAN government has informed the Supreme Court that the extradition of fugitive businessman Vijay Mallya from the UK is being delayed due to some legal issues.

The government added that it is making all efforts to extradite Mallya, accused in bank loan default case of over Rs 9,000 crore (over £900m) involving his defunct Kingfisher Airlines.


A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya.

Mehta shared a letter of the ministry of external affairs' official Devesh Uttam written to him on the status of extradition of Mallya from the UK.

The solicitor general said that government is trying its best but status remains the same and from political executive level to administrative level the matter is being looked into repeatedly.

The bench took the letter on record.

Mallya has been in the UK since March 2016. He is on bail on an extradition warrant executed three years ago by Scotland Yard on April 18, 2017.

The letter stated that, 'the ministry of external affairs has been informed by the UK government that there is a further legal issue that needs resolving before Mallya can be extradited”.

“Under the UK law, extradition cannot take place until it is resolved. As it is judicial in nature, the issue is confidential and you will understand that Her Majesty's government cannot provide any more details. We also cannot estimate how long this issue will take to resolve. Her Majesty's government fully understands the importance of this case to the government of India. I can reassure that Her Majesty's government is seeking to deal with the issue as quickly as possible”. The letter further stated.

In November 2020, foreign secretary Harshvardhan Shringla raised this issue with UK home secretary Priti Patel, who informed that UK's legal complexities were preventing the quick extradition of Vijay Mallya.

“In December 2020, the external affairs minister Dr S Jaishankar raised the issue with the UK foreign secretary Dominic Raab and most recently in January 2021, the home secretary of India raised it with the UK permanent under secretary of Home. UK's response remains the same," the letter said.

On November 2, last year, the top court had asked the Centre to file status report in six weeks on the confidential legal proceedings pending in the UK on extradition of Mallya to India.

The top court had also refused to accept the plea of advocate E C Agarwala, appearing for Mallya in the apex court, seeking discharge from the case.

On August 31, 2020, the Supreme Court had directed Mallya to appear before it on October 5, 2020, while dismissing his plea seeking review of the 2017 verdict which held him guilty of contempt for transferring $40 million to his children in violations of court orders.

More For You

Deliveroo posts first annual profit after 12 years

A Deliveroo rider near Victoria station in London, England. (Photo by Dan Kitwood/Getty Images)

Deliveroo posts first annual profit after 12 years

FOOD DELIVERY app Deliveroo announced on Thursday (13) its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.

The milestone follows sizeable full-year losses owing to high investment costs since American Will Shu founded the company in 2013 and made Deliveroo's first delivery in London.

Keep ReadingShow less
JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less