Vijay Mallya has requested the Bombay High Court to close a pending 2020 petition, citing bank recoveries of Rs 15,000 crore against an original claim of Rs 6,203 crore. The court has deferred its decision, ordering the Enforcement Directorate to verify these recovery figures before the next hearing on September 9, 2026.
The Bombay High Court has directed the Enforcement Directorate to provide a formal response regarding claims made by Vijay Mallya, who is seeking the closure of a legal matter pending since 2020. During a hearing on August 13, 2026, Mallya’s legal team argued that the civil liability related to the case has been addressed, as the consortium of banks, led by the State Bank of India, has reportedly recovered approximately Rs 15,000 crore through the sale of confiscated assets. This figure, according to the defense, significantly exceeds the original debt claim of Rs 6,203 crore, which also included accumulated interest.
The court, presided over by Justice Milind Jadhav, indicated that it would not proceed with the application for closure until the Enforcement Directorate clarifies its position. The bench emphasized the need to clear older litigation but clarified that the current proceedings are strictly limited to the civil and commercial aspects of the case. The court stated that its decision to review this petition does not validate Mallya’s claims of settlement, nor does it affect any separate ongoing criminal proceedings or his status as a fugitive economic offender.
This legal dispute traces back to a 2019 session court order that permitted creditor banks to utilize assets confiscated from Mallya to recover their dues. Mallya’s petition, filed in early 2020, challenged this order. His representatives argued that since substantial recovery has already occurred, the ongoing legal dispute regarding these assets should be considered a commercial issue and brought to a final resolution.
The court has scheduled the next hearing for September 9, 2026. By that date, the Enforcement Directorate is expected to file an affidavit confirming the actual recovery status and the settlement process. Only after reviewing these details will the court decide whether it is appropriate to issue notices to the other banks in the consortium to further evaluate the request for case closure.