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.
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.
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