VIJAY MALLYA vs ENFORCEMENT DIRECTORATE,MIN.OF FINANCE.

The Supreme Court upheld the High Court's decision regarding the summons issued to Vijay Mallya under Section 40 of the Foreign Exchange Regulation Act, 1973, for failing to obtain necessary permissions for an advertisement agreement. The Court clarified that the framing of a composite charge under Section 56 of the Act was valid and did not violate the procedure under Section 219 of the Criminal Procedure Code. The appeal was dismissed, affirming the High Court's ruling that the appellant's defaults in attending court were sufficient to proceed with the case.