Embattled liquor tycoon Vijay Mallya on Monday lost his high court appeal against his extradition order to India in relation to charges of fraud and money laundering amounting to an alleged Rs 9,000 crores.
Mallya's defence team is being led by the firm Joseph Hague Aaronson LLP. They have instructed barrister Clare Montgomery, a specialist in criminal, regulatory and fraud law, to argue in court on their behalf.
The central government has already conducted an assessment of security cover given to prisoners in the Arthur Road Jail and its findings conveyed to the UK court.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
The high court permitted Mallya to appeal on only one limited ground to be able to address the admissibility of some evidence and interpretations made by the lower court.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid Simler concluded there were "substantial grounds" to believe that Modi would fail to surrender as he does possess the means to "abscond".
Singh, who arrived in Moscow on Wednesday on a three-day visit to attend a crucial meeting of the Shanghai Cooperation Organisation (SCO), pressed for expediting supply of a number of weapons systems, ammunition and spares to India by Russia under contracts which were concluded earlier.
'Race crime last year rose by 12 per cent with 2,000 more cases being prosecuted than when the law was introduced in 1999,' the Crown Prosecution Service said.
Chief Magistrate Emma Arbuthnot at Westminster Magistrates' Court in London concluded that she remains unconvinced that he would not interfere with witnesses or fail to surrender before the court for his trial in May 2020.
'Param Bir's letter alleges that Waze was being used directly by the home minister.' 'I think an enquiry by a high court judge is the need of the hour.'
Himachal has a tradition of change in government after every elections and going by the trend, this time it is the turn of the BJP which is upbeat after exit poll results.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
The 61-year-old flamboyant businessman, already out on bail on an extradition warrant executed by the Metropolitan Police earlier this year, was released on the same bail conditions as before to appear for his trial on December 4.
Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.
The process, to be heard in the Royal Courts of Justice in London, could take months as the listing of a hearing will depend on the availability of judges and other factors.
Vijay Mallya is accused of money laundering and violating the FEMA.
The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
If the absconding jeweller is traced in Britain, the extradition request to the UK government could follow a similar course as the case of embattled liquor tycoon Vijay Mallya
The prohibitory orders would be in force till September 8, a senior police officer told PTI.
In the first such case, the owner of a string of award-winning Indian restaurants in the UK has been charged with the manslaughter of a 38-year-old customer who died following a severe allergic reaction after eating a curry that contained peanuts.
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
India has been advised by British prosecutors not to appeal further for the extradition of Ravi Shankaran, the key accused in the Naval War Room leaks case.
'Our preparation is based on ICMR projections, whatever preparations we have to make.' 'If they project around 70,000 is the maximum number of hospital cases by mid-May or May 30, we are preparing accordingly -- how many people will need hospitalisation.'
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Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
The renaming of Mewat comes within weeks of an RSS-supported think tank issuing a 'study' about the growing population of Muslims in the Mewat region.
"He has said that he wants to serve Punjab and there is no choice except serving from Aam Aadmi Party," she said.
Rajneesh Gupta gives us a list of noteworthy statistics from first-class and Ranji Trophy
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