CBDT forms committee to study cases of rich Indians escaping abroad
Business | April 05, 2018 16:09 ISTThe group will also "make recommendations for policy decision in respect of tax risks of the migrating HNIW population".
The group will also "make recommendations for policy decision in respect of tax risks of the migrating HNIW population".
Mallya has three kids from his previous marriages, a son named Siddharth and two daughters, Leanna and Tanya.
Lalwani, who is much younger to Mallya, met him when she was hired for the now-defunct Kingfisher airlines in 2011.
Vijay Mallya is reportedly planning to get married for the third time.
The court passed the order on a plea by the Enforcement Directorate (ED) today.
Judge Emma Arbuthnot described the case as a "jigsaw puzzle" with different pieces of "massive evidence" to be put together to paint a picture.
Judge Emma Arbuthnot is expected to rule on the admissibility of evidence presented by the Crown Prosecution Service (CPS), on behalf of the Indian government and set a timeframe for her final verdict.
Nautilus International said the 95-metre vessel named 'Indian Empress' was "arrested" to recover over USD 330,000 unpaid wages and other costs on behalf of its members.
The 95-metre vessel named 'Indian Empress' was "arrested" in Malta as a maritime professionals' union makes attempts to recover over USD 330,000 in unpaid wages and other costs on behalf of its members.
Vijay Mallya’s defence team has deposed a series of expert witnesses to claim he had no fraudulent intentions and that he is unlikely to get a fair trial in India.
The legal claim relates to a leasing agreement between Kingfisher Airlines and aircraft leasing company BOC Aviation involving four planes, of which three were delivered.
The court, in its recent order, issued arrest warrants against Mallya and others, taking cognizance of the offence punishable under Section 36, Section 448 and Section 447 of the Companies Act, 2013.
The agreement on returns paves the way for a quicker and more efficient process for documenting and returning Indian nationals who have no right to be in the UK to India.
The extradition trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the tycoon, who has been based in the UK since he left India in March, 2016.
A Delhi court today declared beleaguered businessman Vijay Mallya a proclaimed offender for evading summons in a FERA violation case.
Vijay Mallya's barrister, Clare Montgomery, deposed Dr Alan Mitchell before the Westminster Magistrates' Court in London where the liquor baron is facing an extradition trial.
According to court documents submitted at the UK High Court, the claim brought by 13 Indian banks against Vijay Mallya will come up for a hearing in April next year.
Last week, the defence claimed that a consortium of Indian banks led by SBI had rejected an offer by the liquor baron in early 2016 to pay back nearly 80 per cent of the principle loan amount owed to them.
Lawyers for Mallya have been granted an extension to respond to that case due to his ongoing extradition trial, expected to conclude on Thursday.
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