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Harpreet Singh Giani, who practices as a Barrister in the UK and an advocate in India, believes that Mallya could still appeal and delay extradition.
Following the appeal, the court will consider the grounds for which the appeal can be admitted and that will trigger another set of hearings.
Following the UK government's order to extradite the liquor baron to India, Mallya has 14 days to file an appeal.
The Westminster Magistrates' Court last week had ordered Mallya's extradition, in a major boost to India's efforts to bring back the fugitive wanted for alleged fraud and money laundering charges.
Rajnish Kumar said the bank hoped to recover its dues now that the court had ordered his extradition.
External Affairs Ministry Spokesperson Raveesh Kumar said India will continue to work with the British government for "expeditious" implementation of the court order.
The LoC depends on the issuing authority and, unless it asks the Bureau of Immigration to detain a person or to stop him from boarding a plane, no action is taken.
I'm a political football, scapegoat, says Vijay Mallya as Arun Jaitley rubbishes claims of meeting him
The government is seeking the extradition of Mallya, the tycoon behind India's best-selling beer, after bankers have pursued him for unpaid debt by his carrier that was grounded in 2012.
The UK has strong human rights laws, which make extradition of a person very difficult, and India is only among Category II countries under the UK's extradition laws.