UK Court On Vijay Mallya

Mallya's legal team, led by barrister Philip Marshall, countered that the banks were secured creditors and that the petition should be dismissed.

Last week, the UK government indicated that Mallya is unlikely to be extradited to India anytime soon

Mallya lost his appeals in the UK Supreme Court against his extradition to India to face money laundering and fraud charges

The development comes in the wake of Mallya losing his appeal in the UK top court on May 14 against his extradition to India

The latest ruling will now go back for re-certification and the process of extradition should be triggered within 28 days

Vijay Mallya's fate is now with the UK government.

In an order dated January 30, Justice Robin Knowles permitted the increase in Mallyas 'ordinary living expenses allowance' to a maximum of 18,325.31 pounds a week