business ποΈ Bombay HC wants ED view on Vijay Mallya's case
The Bombay high court observed that the long-running dispute over Vijay Mallya's dues needed to conclude after his lawyer stated his 2020 petition was redundant. This case involves Vijay Mallya, who left India in March 2016, and the Enforcement Directorate (ED) in Mumbai. The original petition challenged an order allowing banks led by SBI to use seized assets for unpaid dues as of 2020. The court directed the ED to clarify if settlement is complete, though criminal prosecution must continue. The high court will decide the next steps after hearing from the ED's deputy director. π°