Foreign exchange violations case: Delhi Court issues non-bailable warrant against Vijay Mallya

New Delhi: On Wednesday, a Delhi Court issued an open ended non-bailable warrant against beleaguered businessman Vijay Mallya. The warrant issued in a case of…

New Delhi: On Wednesday, a Delhi Court issued an open ended non-bailable warrant against beleaguered businessman Vijay Mallya.

The warrant issued in a case of allegedly evading summons in a Foreign Exchange Regulation Act (FERA) violation case.

Chief metropolitan magistrate Sumit Dass passed the order after the Enforcement Directorate 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.

Leave a Reply

Your email address will not be published. Required fields are marked *