Skip to content 
Search

Latest Stories

Vijay Mallya Plans To Appeal Against UK Court’s Extradition Verdict

Former Indian business tycoon, Vijay Mallya’s legal team has confirmed on Wednesday (19) that Mallya intends to file a plea to appeal against the UK court’s ruling for his extradition to India inconnection with alleged fraud and money laundering charges.

"Mallya has now been able to consider the court's decision and intends to file an application for permission to appeal at the appropriate time," said Anand Doobay, Partner at UK-based Boutique Law LLP, who has been Mallya's solicitor through the extradition trial process.


Soon after the ruling of Westminster Magistrates' Court last week, the embattled liquor baron told the journalists that he would study the judgement in detail and take necessary steps for next course of action.

According to the extradition treaty procedures, the chief magistrate’s ruling has been handed over to UK Home Secretary Sajid Javid as he is the the authorised minister to order Mallya’s extradition. The minister has 60 days to make a decision on the extradition of 63 year old business tycoon.

In the UK, the home secretary’s decision very rarely moves against court ruling as the minister has to review only limited number of bars to extradition which are unlikely to stop the extradition in this particular case.

"Whatever that decision (by the Home Secretary), the losing side has up to 14 days within which to approach the High Court and seek leave to appeal. Any appeal, if granted will be heard at the Administrative Court (High Court),” said the Crown Prosecution Service (CPS), which represents the Indian government in Mallya’s extradition case.

Vijay Mallya is wanted in India for legal proceedings on alleged fraud and money laundering charges amounting an estimates Rs 90billion.

More For You

Asian firm acquires Kings Court Hotel for £2.75m

UK-based Nanak Hotels acquired the 60-room Kings Court Hotel in Warwickshire for £2.75 million. (Photo: Colliers International UK)

Asian firm acquires Kings Court Hotel for £2.75m

UK-BASED Nanak Hotels recently acquired the 60-room Kings Court Hotel, a 17th-century property in Warwickshire, England, for £2.75 million. This is the first regional acquisition by the privately held firm led by British Indians Harpreet Singh Saluja and Karamvir Singh.

Nanak Hotels, which operates a UK property portfolio, plans to invest in the property's refurbishment and repositioning, according to a statement from Colliers International UK, which brokered the transaction.

Keep ReadingShow less
Priya Nair becomes first woman CEO in Hindustan Unilever's history

Priya Nair (Photo: Unilever)

Priya Nair becomes first woman CEO in Hindustan Unilever's history

PRIYA NAIR has been appointed as the CEO and managing director of Hindustan Unilever Ltd (HUL), effective from August 1. She will be the first woman to lead the company in its history.

The announcement was made by HUL on Thursday (10). Nair, who currently serves as president, Beauty & Wellbeing at Unilever, will take over the role from Rohit Jawa, who will step down on July 31 to pursue other interests.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy shrinks again in May, hitting Labour’s growth plans

THE UK economy contracted unexpectedly in May, marking the second consecutive monthly decline, according to official data released on Friday. The figures present a challenge for the Labour government as it attempts to revive economic growth.

Gross domestic product fell by 0.1 per cent in May, following a 0.3 per cent contraction in April, the Office for National Statistics (ONS) said in a statement.

Keep ReadingShow less
SBI UK cuts mortgage rates

The bank's commitment to green lending reflects focus on sustainability (Photo: Getty Images)

SBI UK cuts mortgage rates

BANKING major State Bank of India (UK) has cut interest rates on its buy-to-let mortgage products to help landlords reduce borrowing costs.

The bank said the rate cuts would help landlords invest in rental properties and meet growing demand for rental homes across the UK.

Keep ReadingShow less