Indian court rules liquor baron Vijay Mallya guilty of contempt of court: TV

NEW DELHI: India’s top court on Tuesday held liquor baron Vijay Mallya guilty of contempt of court in a case moved by banks to recover funds owed by him, television channels reported.

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The Supreme Court directed Mallya to appear on July 10, CNBC TV18 said.

Mallya moved to Britain last March after banks sued to recover about $1.4 billion the Indian authorities say is owed by Kingfisher, now a defunct airline.

Mallya has denied the charges against him.

Reuters

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