A UK High Court judge here on Monday granted fugitive diamond merchant Nirav Modi permission to appeal against a magistrates’ court order in favour of extradition to India to face charges of fraud and money laundering before the Indian courts on mental health and human rights grounds.
A judge at the Insolvency and Companies Court at the High Court in London refused to release the funds, saying that Mallya had failed to provide the necessary information to permit the release of the funds.
The Industrial and Commercial Bank of China Ltd Mumbai Branch, on behalf of itself, China Development Bank and Exim Bank of China, had sought summary judgment against Ambani over an alleged breach of a personal guarantee on a debt refinancing loan of around USD 925 million in February 2012.
Two superyachts, a game reserve, numerous undeclared high-value and vintage cars, valuable paintings and a piano previously owned by Elton John are among the assets in contention as part of a latest legal claim by Indian banks against embattled liquor tycoon Vijay Mallya in the UK High Court on Monday.
Even as embattled liquor tycoon Vijay Mallya was granted permission to appeal against his extradition order in the UK High Court, India suffered another setback as its extradition request in a murder case was turned down by a court here.
A ruling by a British judge has revealed that an Indian origin man, the son of a London-based arms dealer, is suing his estranged wife after learning that he is not the father of their eight-year-old son. The couple is already involved in a high-profile divorce case.
In a reprieve to embattled liquor tycoon Vijay Mallya, the UK High Court on Tuesday allowed him to appeal against his extradition order signed off by the UK home secretary Sajid Javid to face alleged fraud and money laundering charges amounting to Rs 9,000 crores in India.
Mallya, who is facing charges of defaulting on bank loans to the tune of Rs 9,000 crore, fraud and money-laundering, had moved the High Court after the Westminster Magistrates Court, on December 10, 2018, gave the go-ahead for his extradition.
London, Oct 11: Rabinder Singh, a leading lawyer who successfully appeared on behalf of Indian doctors in an immigration case in 2007, has been sworn in as the first Sikh judge of the High Court
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