Saturday, November 26th, 2016

Vijay Mallya files plea to recall contempt order

Narada Desk | November 26, 2016 3:06 pm Print
The Karnataka HC had issued the order for alleged violation of an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc

Liquor baron Vijay Mallya has filed a plea in Karnataka High Court to recall the order for contempt of court against him for alleged violation of an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.

“Mallya had filed an application to recall contempt order against him for alleged violation of an undertaking given by him and his companies, not to transfer their equity shares in United Breweries to Diageo Plc,” Karnataka News reported Nagananda, senior counsel for SBI-led bankers, as saying.

“The application was filed three days back,” he added. When the matter came up for hearing on Friday, the division bench adjourned the matter for next hearing for December 2.

The high court, on October 20, had summoned Mallya to appear before it on Thursday (November 24) for allegedly violating the undertaking given by him and his companies, not to transfer their equity shares in United Breweries to Diageo Plc.

 

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