NEW DELHI: The Supreme Court on Monday sentenced Vijay Mallya to four months in jail, for a 2017 contempt of course case. The Supreme Court also imposed a fine of Rs 2000.
A bench of Justices UU Lalit, S Ravindra Bhat and PS Narasimha passed the order.
Mallya was convicted of contempt in 2017 over transferring USD40 million to his children in violation of court orders. The court also ordered him to deposit the fine within four weeks to the Supreme Court legal services authority, failing which a further sentence of two months will be added.
The Supreme Court also said that the transaction of USD 40 million by Mallya to his children is “void and inoperable” and ordered the recipients to return the amount with 8 per cent interest to the recovery officer within four weeks. If the amount is not returned, Mallya’s properties can be attached.