Vijay Mallya free to return to India, ED tells Delhi court
Vijay Mallya insists that he intends to return to India, but is constrained since authorities have revoked his passport
Latest News »
- Arundhati Roy among Man Booker Prize contenders
- Opening bell: Asian markets open higher; ITC, ICICI Bank, Idea in news
- Despite ‘Baahubali 2’, multiplexes put up a boring show in the June quarter
- Yes Bank turns tide on bad loans, powered by one account
- Asian Paints: June quarter earnings lose sheen hit by GST, high input costs
New Delhi: The Enforcement Directorate informed a Delhi district court on Tuesday that UB Group chairman Vijay Mallya is free to return to India.
“Mallya’s revoked passport is no bar to return to India. Indian Embassy can issue emergency travel documents to him,” ED told the court in a case seeking cancellation of exemption granted to Mallya from personally appearing before the authorities.
Chief metropolitan magistrate Sumit Dass had asked Mallya to personally appear in court in connection with a case related to Foreign Exchange Regulation Act investigated by the ED.
Mallya allegedly made payments of over $2 million to a British firm for displaying the Kingfisher logo in Formula One World Championships. This case will be heard next on 4 November.
Mallya took a stand that he intends to return to India but authorities have revoked his passport.