Vijay Mallya contempt case to be dealt with finally on Jan 18: SC

The Supreme Court on Tuesday said that the case involving fugitive businessman Vijay Mallya will be dealt with finally on January 18 next year. Mallya owes over ₹9,000 crore in form of unpaid loans towards consortium of banks led by State Bank of India (SBI).

“What we wish to do is, we will list this matter for disposal in second week of January because we have waited sufficiently long enough, we can’t be waiting any longer now. It has to see the light of the day at some stage or the other and the process must also get over,” the bench headed by Justice UU Lalit said. It noted that Mallya was held guilty of contempt in 2017.

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