Liquor baron Vijay Mallya on Thursday appeared before Special Economic Offences Court in the City following summons by the court seeking his personal appearance in a case pertaining to non-payment of taxes.
Mallya appeared before the court in connection with a complaint filed by the Income Tax department for not paying Rs 266 crore in form of tax dues of Kingfisher Airlines. He explained the reason for delay in remitting the tax dues. Mallya also applied for bail in this connection. The court, which heard his bail plea, granted him conditional bail.
Accordingly, Mallya has to furnish a bond of Rs three lakh and a surety. The matter has been adjourned. Mallya had failed to appear before the court on earlier occasions and thus summons were issued.
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