New Delhi: In fresh trouble for Vijay Mallya, the State Bank of India and other banks have moved the Supreme Court seeking to restrain the former liquor baron from leaving the country. The apex court will hear the plea on Wednesday.
"List it for hearing tomorrow," a bench comprising Chief Justice T S Thakur and Justice UU Lalit said, when Attorney General Mukul Rohatgi, appearing for PSU banks, mentioned the matter for urgent hearing.
Rohatgi said that the plea has been moved by 17 banks, including State Bank of India, against Mallya whose various firms have taken loan from them. He also said that the dues run into thousands of crores.
This comes a day after the Debt Recovery Tribunal (DRT) barred Vijay Mallya from accessing $75 million (Rs 515 crore) exit payment from Diageo over the loan default case. The Enforcement Directorate also registered a money laundering case over a loan default with IDBI.
DRT, allowing a plea by State Bank of India, restrained Diageo from disbursing the money for now and set March 28 as the next date of hearing. The public sector bank had sought DRT's intervention in seeking the lenders' first right on the severance payout from Diageo.
Earlier, SBI had filed a plea seeking Mallya's arrest and impounding of his passport. Mallya's defunct Kingfisher Airlines owes Rs 7,800 crore to a consortium of 17 banks led by SBI.
(With PTI Inputs)
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