Supreme Court holds Mallya guilty of contempt - "We have found respondent numb- Navbharat Times Photodhamal

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"We have found respondent number 3 (Mallya) guilty of contempt of court on two grounds," a bench comprising Justices AK Goel and UU Lalit said.

In This Pic : UU Lalit, AK Goel

Pic Courtesy : BCCL - Non Copyright

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The apex court directed Mallya, who is presently in the United Kingdom , to appear before it on July 10 to argue on the quantum of punishment in the matter.

In This Pic : Vijay Mallya

Pic Courtesy : BCCL

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The order of the top court came on a plea by the consortium of banks, which had granted Rs 9000 crore loan to Mallya but he refused to pay back the money.

In This Pic : Vijay Mallya

Pic Courtesy : BCCL

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The Supreme Court verdict against Mallya would come in handy for the Centre to get the proclaimed offender extradited from the UK.

In This Pic : Supreme Court

Pic Courtesy : BCCL - Non Copyright

Vijay Mallya arrested in London, gets bail

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Liquor baron Vijay Mallya, wanted in India for defaulting on over Rs 8,000 crore in bank loans, was arrested in London on April 18. Within hours, a court granted him bail.

In This Pic : Vijay Mallya

Pic Courtesy : PTI