Author: Palak Jaiswal

The verdict was delivered by Justices U U Lalit, A Ravindra Bhat, and PS Narasimha of the bench today. Vijay Mallya was sentenced to four months in prison by the Supreme Court of India. For contempt of court, India’s Supreme Court on Monday handed out four-month prison sentences to Vijay Mallya and a fine of Rs 2,000. If he does not comply with the court’s order, his assets will be seized. The supreme court found him guilty and ordered him to pay back USD 40 million plus interest within four weeks. When the State Bank of India petitioned the Supreme…