Delhi court issues open ended non-bailable warrant against Vijay Mallya
A Delhi court issued open ended non-bailable warrant against Vijay Mallya for allegedly evading summons in FERA violation matter.
New Delhi: A Delhi court on Wednesday issued open ended non-bailable warrant against absconding liquor baron Vijay Mallya for allegedly evading summons in FERA violation matter.
Chief Metropolitan Magistrate Sumit Dass passed the order after the Enforcement Directorate (ED) submitted that non-bailable warrant issued on November 4 last year by the court has not been executed and it needs more time to do so.
An 'open-ended NBW' does not carry a time limit for execution unlike 'NBW'.
The court, which put up the matter for next hearing on November 8, however, asked the agency to file a progress report in this regard within two months.
The case pertains to a complaint filed by Enforcement Department (ED). The agency had issued summons to the businessman in connection with alleged payment of 200,000 dollars to the British firm for displaying Kingfisher logo in Formula One World Championships in London and some European countries in 1996, 1997 and 1998.
The agency had claimed that the money was allegedly paid without prior approval from RBI in violation of FERA norms.