News Karnataka
Tuesday, February 07 2023
Bengaluru

Mallya files plea for recalling contempt order

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Bengaluru: Liquor baron Vijay Mallya has filed application 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.

Loans to Vijay Mallya's Kingfisher a write-Off 'Only In Books,' says Arun Jaitley-1“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,” Nagananda, Senior Counsel for SBI-led bankers, said.

“The application was filed three days back,” he added. When the matter came up for hearing, without wasting anytime, 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 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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