A consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Vijay Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from him.
Mallya said that he had made offers to return the outstanding dues many times but neither the banks nor the Enforcement Directorate were cooperating.
'Leave it to Virat and give him the freedom,' Mallya suggested.
Pendency of the case is not a ground for holding any case anywhere in the world, the top court said.
The lender, which include 15 banks primarily the State Bank of India (SBI), are seeking to recover over Rs6,200 crore from Mallya.
Mallya is currently facing extradition proceedings in the UK. He left India on March 2, 2016, after allegedly defaulting on loans amounting to Rs 9,000 crore.
A consortium of 13 banks, led by the State Bank of India, has initiated loan recovery proceedings against him in a special court in Mumbai under the Fugitive Economic Offenders Act.
In the scenario that Vijay Mallya is unsuccessful in his appeal, he must be extradited within 28 days from the appeal decision becoming final.
His son, Siddharth Mallya, posted a photo of the two at the stadium on his Instagram account.
The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his extradition order from the UK to India to face charges of fraud and money laundering amounting to Rs 9,000 crore.
Alleged the government saying it is discriminating between public sector and private airlines
In February, UK's Home Office said the British government had signed an order to extradite Mallya.
Mallya's latest social media comments follow a recent interview in which Prime Minister Modi said that recovering an amount more than what Mallya defrauded was a big win for India.
Mallya, who is facing extradition to India from the UK, said while the PSU banks bailed out Jet Airways they allowed his Kingfisher Airlines to “fail ruthlessly”.
Fugitive economic offender Vijay Mallya on Thursday posted a series of tweets asking why Prime Minister Narendra Modi was not instructing banks to accept the money he is offering to pay off the loans on Kingfisher.
UK Home Secretary Sajid Javid on Monday signed the order to extradite Mallya which has already been allowed by a lower court.
Mallya now becomes the first tycoon to be named an economic offender under the Fugitive Economic Offenders Act, 2018 – the new law that aims to prevent financial fraud.
