Vijay Mallya seeks more time from ED, says can't appear today

April 09, 2016 10:34

Vijay Mallya has written to the Enforcement Directorate seeking more time to appear before it. Mallya says he can't appear today as he is negotiating with banks.

The agency had issued fresh summons, also the third, last week to Mallya asking him to appear before it on April 9, after he sought two extensions from the earlier dates of March 18 and April 2 citing certain official reasons.

Mallya was first summoned by the agency to "appear in person" at its office in Mumbai on March 18 but he sought more time citing his prior engagements, following which the agency asked him to depose on April 2.

Mallya, who is facing legal proceedings for alleged default of loans worth over Rs 9,000 crore from various banks, was also on Friday directed by the Supreme Court to disclose by April 21 the total assets owned by him and his family in India and abroad.

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