In a major development, abscoding businessman Vijay Mallya was arrested by the London Police on Tuesday.
Team principal Vijay Mallya said Perez has played an important role in Force India's progress which saw the team finishing an unprecedented fourth in 2016.
A UK court fixed November 20 as the date for the pre-trial hearing in the extradition case of Vijay Mallya, the embattled tycoon wanted in India on loan defaults to several banks amounting to nearly Rs 9,000-crore
Indian government has submitted the requisite "opening note" and paperwork related to Vijay Mallya's extradition case to the liquor baron's legal team within the UK court deadline.
India has told UK authorities that all wanted Indians, including liquor baron Vijay Mallya, will get equal treatment like any other prisoner in India and the facilities in its jails are no less than what European nations have
Mallya fled to Britain in March 2016 after being pursued for recovery of Rs 8,191 crore owed to a consortium of 17 Indian banks by his now defunct Kingfisher Airlines.
The issues were raised with British authorities by Union Home Secretary Rajiv Mehrishi, who was in the UK as part of the India-UK Home Affairs Dialogue, which concluded yesterday.
Diageo PLC, the world’s largest spirits maker, will hold back the remaining $35 million (approx. Rs 225 crore) of the $75 million (approx. Rs 482 crore) it had agreed to pay Vijay Mallya as part of a settlement
Force India has never won a race but it is fourth out of 10 in the constructors' championship this season.
Earlier this month, a London court had rejected Mallya’s request to shift the final hearing date in his extradition case to next year and fixed it for December 4.
India had recently asked Britain to ensure early extradition of Mallya, who is an accused in a bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines.
Mallya has been in the UK since March 2016 and was arrested by the Scotland Yard on an extradition warrant on April 18 this year. The Central Bureau of Investigation is also probing into the IDBI loan fraud case.
Mallya, who is facing extradition to India over unpaid debts for the defunct Kingfisher Airlines, resigned ahead of the last meeting of FIA's World Motor Sport Council
The Home Secretary is also expected to discuss with British officials how to enhance cooperation in matters of terrorism, intelligence sharing and checking activities of Khalistan supporters.
PM Narendra Modi today pressed upon his British counterpart Theresa May to ensure UK's cooperation to bring back economic offenders, amidst India working hard for the return of fugitive liquor baron Vijay Mallya and former IPL chief Lalit Modi
Mallya has been in the UK since March 2016, escaping arrest warrants against him, while a court in London is also hearing a case regarding his return to India.
A UK court on Thursday fixed December 4 as the final hearing date in Vijay Mallya extradition case.
Top News
Latest News