Supreme Court Rejects Vijay Mallya's Plea Against Enforcement Directorate

New Delhi: In a setback to liquor baron Vijay Mallya, the Supreme Court today rejected his plea challenging the criminal proceedings for wilfully disobeying an Enforcement Directorate summons relating on payment of $200,000 to a British company for displaying the Kingfisher logo during 1996-98 Formula 1 events.

An apex court bench of Justice JS Kehar and Justice Adarsh Kumar Goel also fined Mr Mallya Rs10 lakh.

Mr Mallya had challenged a Delhi High Court verdict turning down his plea against the ED summons for violating the now defunct Foreign Exchange Regulation Act.