Banks ask Supreme Court to stop Vijay Mallya leaving India, hearing today

The Supreme Court agreed to hear on Wednesday a plea filed by a consortium of 17 PSU banks seeking to restrain Vijay Mallya from leaving India

Will Mallya chair USL AGM?
Press Trust of India New Delhi
Last Updated : Mar 09 2016 | 2:18 PM IST
The Supreme Court on Tuesday agreed to hear a plea filed by a consortium of 17 PSU banks seeking a direction that industrialist Vijay Mallya be restrained from leaving India. The apex court will take up the matter on Wednesday. 

"List it for hearing tomorrow," a bench comprising Chief Justice T S Thakur and Justice U U Lalit said, when Attorney General Mukul Rohatgi, appearing for PSU banks, mentioned the matter for urgent hearing.

Rohatgi said that the plea has been moved by 17 banks, including State Bank of India, against Mallya whose various firms have taken loan from them.

He also said that the dues run into thousands of crores.
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First Published: Mar 09 2016 | 11:13 AM IST

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