Mon, May 1, 2017 | updated 04:08 AM IST

Mumbai court issues non bailable warrant against Mallya for Rs. 1,000 cr tax evasion

Updated: Sep 03, 2016 20:31 IST      
Mumbai court issues non bailable warrant against Mallya for Rs. 1,000 cr tax evasion

Mumbai (Maharashtra) [India], Sept. 3 (ANI): A Chief Metropolitan Magistrate Court in Mumbai on Saturday issued a non bailable warrant against, now, defunct Kingfisher Airlines owner Vijay Mallya and its chief executive Sanjay Aggarwal in connection with service tax evasion to the tune of Rs.1,000 crore.

The court summoned Mallya thrice before issuing the warrant.

The court, however, refuted to entertain Aggarwal's appeal seeking exemption on the medical grounds, saying mere cough and cold cannot be a reasonable ground to be exempted from hearing.

The airline, which stopped operations in October 2012, allegedly did not deposit the service tax collected on ticket sales with the department and diverted the money for other purpose.

A consortium of 17 banks lead by State bank of India (SBI) had approached the Supreme Court to recover around Rs 9,500 crore from the airline and its promoter, which are yet to be addressed.

The Enforcement Directorate is also investigating two separate money laundering cases against Mallya and others, where they allegedly defrauded banks after defaulting loan payment. The agency is investigating a money laundering case against Mallya, where he defaulted Rs. 900 crore loan payments to IDBI bank.

The business tycoon had also defaulted around Rs 9,400 crore loan payments to consortium of 17 banks led by SBI.

Mallya flew to London on March 2, just days before a consortium of lenders knocked the Supreme Court's doors to recover the debt. (ANI)

'Frustrated' AAP needs introspection: BJP

Updated: May 01, 2017 03:39 IST     

New Delhi [India] May 1 (ANI): Mocking the dispute within the Aam Aadmi Party (AAP), the Bharatiya Janata Party (BJP) on Monday said an outsider cannot split a party, adding the former's frustration is visible because of the recent loss in the Municipal Corporation of Delhi (MCD) elections.

Full Story >>

Real Estate Act comes into effect from today

Updated: May 01, 2017 03:25 IST     

New Delhi [India], May 1 (ANI): Ending the nine year long wait, regulation of real estate sector involving over 76,000 companies across the county becomes a reality from May 1 with the Real Estate (Regulation & Development) Act, 2016 coming into force.

Full Story >>

New Delhi [India] May 1 (ANI): Supporting Union and Broadcasting Minister M. Venakaiah Naidu's opinion on abolishing the Triple Talaq norm among the Muslims, Bharatiya Janata Party (BJP) leader Subramanian Swamy on Monday said women and men in the nation have equal rights, adding the notion of this controversial divorce practice is immoral.

Full Story >>

'Complaint Box' AAP is crumbling under its own weight: BJP

Updated: May 01, 2017 02:40 IST     

Mumbai/Bengaluru (Maharashtra/Karnataka) [India], May 1 (ANI): Taking a jibe over the infighting within the Aam Aadmi Party (AAP), the Bharatiya Janata Party (BJP) on Monday said after a series of defeats in elections, the Arvind Kejriwal-led party is crumbling under its own weight.

Full Story >>

No help from JNUSU shows support to naxalism: ABVP

Updated: May 01, 2017 01:58 IST     

New Delhi [India] May 1 (ANI): Hours after an assistant professor of the Jawaharlal Nehru University's (JNU) car was vandalised by an unknown person and stones were pelted at his house for condoling Sukma and Kupwara killing, Akhil Bharatiya Vidyarthi Parishad (ABVP) leader and former joint secretary of Jawaharlal Nehru University Students' Union (JNUSU) Saurabh Sharma said no kind of condemnation by the current JNUSU and Jawaharlal Nehru University Teachers' Association (JNUTA) indicate secret support to naxalism and terrorism.

Full Story >>

India, Turkey to hold bilateral talks today

Updated: May 01, 2017 01:43 IST     

New Delhi [India], May 1 (ANI): With the arrival of Turkish President Recep Tayyip Erdogan's arrival in New Delhi, India and

Full Story >>

DA case: Court to hear Virbhadra Singh's wife's plea

Updated: May 01, 2017 01:40 IST     

New Delhi [India], May 1 (ANI): A Delhi Court will on Monday hear Himachal Pradesh Chief Minister Virbhadra Singh's disproportionate assets case in which his wife Pratibha Singh had filed a plea alleging non-compliance with rules by the Central Bureau of Investigation (CBI) in filing a chargesheet.

Full Story >>

BJP Mayor, MLA demand ban on mobiles for school girls

Updated: May 01, 2017 01:08 IST     

Aligarh (Uttar Pradesh) [India] May 1 (ANI): Two Bharatiya Janata Party (BJP) leaders from Uttar Pradesh's Aligarh district have stirred up a controversy by demanding a ban on carrying mobile phones by school girls.

Full Story >>

New Delhi [India], May 1 (ANI): A four-day Naval Commanders' Conference is scheduled at New Delhi from May 2 to 5.

Full Story >>

SC to hear plea on police vacancies

Updated: May 01, 2017 00:44 IST     

New Delhi [India], May 1 (ANI): The Supreme Court will on Monday hear a plea filed by lawyer Manish Kumar on police vacancies in six states.

Full Story >>

Yogi Adityanath: A firebrand leader and an animal lover

Updated: May 01, 2017 00:30 IST     

New Delhi [India], May 1 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath started his Sunday with his ritualistic practice of feeding cows and calves in the cowshed of his parliamentary constituency Gorakhpur.

Full Story >>

Petrol, diesel price see marginal hike

Updated: May 01, 2017 00:23 IST     

New Delhi [India], May 1 (ANI): The prices of petrol and diesel were hiked, being effective from today midnight.

Full Story >>

FIR against paraglider pilot for molesting tourist

Updated: May 01, 2017 00:23 IST     

Kangra (Himachal Pradesh) [India], May 1 (ANI): The Himachal Pradesh Police have registered an FIR against a paraglider pilot for allegedly molesting a tourist from Mumbai.

Full Story >>

New Delhi [India], April 30 (ANI): Delhi Law Minister Manish Sisodia has issued strict instructions to the Law Department stating that a legal advice sought by any department of the government must seek approval from him.

Full Story >>

J-K: Terrorists open fire in Pulwama, one injured

Updated: May 01, 2017 00:02 IST     

Pulwama (Jammu and Kashmir) [India] Apr 30 (ANI): A civilian was injured in Jammu and Kashmir's Pulwama when some terrorists opened fire.

Full Story >>

Srinagar (Jammu and Kashmir) [India], April 30 (ANI): After achieving success with its Kashmir Super-40 initiative, which provides coaching for the youth for Engineering Entrance Exams, the Indian Army has further expanded the coaching programme to 50 students with immediate effect.

Full Story >>

Hyderabad (Telangana) [India], April 30 (ANI): The Hyderabad Police arrested eight people and seized Rs. 4.41 crore in 500 and 1000 demonetised currency on Sunday.

Full Story >>

New Delhi [India], Apr 30 (ANI): The prices of petrol and diesel were hiked, effective Sunday midnight. While the price of petrol was raised by one paise per litre, diesel prices were hiked by 44 paise a litre.

Full Story >>

Mumbai (Maharashtra) [India], Apr 30 (ANI): Remembering late Bollywood actor and Bharatiya Janata Party (BJP) MP Vinod Khanna, Lok Sabha Speaker Sumitra Mahajan on Sunday said he was a silent hard working leader, who was very sincere towards uplifting his constituency.

Full Story >>

Flat buyers file complaint against Jayaprakash Infratech

Updated: Apr 30, 2017 22:09 IST     

New Delhi [India], April 30 (ANI): An FIR has been filed by a home-buyer against Jayaprakash Infratech's Aman Township for failing to give possession of their flats despite depositing the required money.

Full Story >>