July 11, 2022 12:19 PM

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SC sentences Vijay Mallya four months in jail, Rs 2,000 fine in contempt of court case

<span style="color: #222222;">The Supreme Court has sentenced fugitive liquor baron Vijay Mallya to four months in jail and imposed a fine of rupees two thousand on him for a 2017 contempt of court case. A bench of Justices U.U Lalit, S. Ravindra Bhat, and P.S Narasimha today said that the transaction of 40 million dollars by Vijay Mallya to his children is void and inoperable.<br />''<br />''Mallaya was convicted of contempt in 2017 over transferring 40  dollars million to his children in violation of court orders. A plea by a consortium of banks led by the State Bank of India sought contempt action. Vijay Mallya is accused in a bank loan default case of over rupees  9,000 crore involving his now-defunct Kingfisher Airlines.</span><br />

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