# Bombay HC tells ED to move on Mallya asset dispute

2026-08-12T18:01:43+00:00 | Governance | Indian Opinion Desk

Corroboration: 4 independent outlets

The Bombay High Court on Wednesday directed the Enforcement Directorate to file an affidavit confirming whether the settlement process in Vijay Mallya's asset recovery case is complete. The division bench observed that the long-running dispute between Mallya and an SBI-led bank consortium 'needs to be brought to an end.' Mallya's senior advocate Amit Desai argued that his 2020 petition challenging asset seizure was now redundant because most assets had been attached and dealt with. Desai claimed that banks have already recovered around Rs 15,000 crore from Mallya against the original claimed dues of Rs 6,203.35 crore plus interest. The court made clear that any closure of this civil dispute would not affect the criminal prosecution against Mallya, which must still reach its logical conclusion.

## Coverage

- hindustantimes.com <https://www.hindustantimes.com/india-news/time-to-move-on-bombay-high-court-seeks-ed-view-on-vijay-mallya-s-2020-plea-101786546777079.html>
- ndtvprofit.com <https://www.ndtvprofit.com/business/idea-is-to-move-on-bombay-high-court-leans-towards-closure-in-vijay-mallya-sbi-asset-dispute-11901991>
- livemint.com <https://www.livemint.com/news/india/bombay-hc-asks-vijay-mallya-sbi-to-move-on-as-2020-asset-seizure-plea-loses-relevance-11786552662087.html>
- news.abplive.com <https://news.abplive.com/business/issue-needs-to-be-put-to-an-end-bombay-hc-on-vijay-mallya-asset-row-1861776>

Tags: Bombay High Court, Enforcement Directorate, loan recovery, PMLA, Vijay Mallya
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