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Mallya, accused of defaulting on loans of over Rs 9,000 crore, was on January 5 declared a fugitive economic offender by special Judge M S Azmi of the PMLA Court.
A fugitive economic offender is a person who has fled the country to avoid arrest and prosecution for economic offences of Rs 100 crore and above.
BJP government claiming credits as if everything happened after it assumed office: Congress on Vijay Mallya tag
The party leader also alleged that Vijay Mallya met Finance Minister Arun Jaitley and sought his permission before fleeing the country.
The court also rejected Mallya's plea to stay the order to give him some time to appeal.
Shukla informed the House that Westminster Magistrates' Court in London has recommended extradition of Vijay Mallya from the Uk to India.
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.
The 63-year-old businessman told reporters soon after the ruling by Westminster Magistrates' Court Chief Magistrate Emma Arbuthnot last week that he would consider the verdict in detail.
TLT LLP, the UK-based law firm which had won a landmark case for the 13 banks led by SBI confirmed on Monday that their bankruptcy petition against Mallya has been transferred to the London HC.
The Union Minister said he had termed legal proceedings against Mallya as appropriate.
ED's counterclaim came after Mallya's lawyer said, 'There was no secret departure. He left the country to attend a planned meeting (of World Motor Sport in Geneva, Switzerland).'