The notice was issued in response to a petition filed by the consortium of 17 banks which had sanctioned loans for the now defunct Kingfisher airlines of which Mallya was the Chairman.
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This is the second notice issued by SC to Mallya in regards to declaration of his assets.
Rohatgi said Mallya had not disclosed U.S. $45 million he had got from British liquor company Diageo. Both the Enforcement Directorate and the Central Bureau of Investigation (CBI) are probing Mallya for the Rs 9,000 crore loan scam.
The banks sought contempt proceedings against Mallya.
In a rejoinder affidavit to Mallya’s reply, the banks had said that disclosure of overseas assets by him and his family was significant for recovering the dues.
However, he said that he will make the declaration to the Supreme Court and requested the apex court to not pass on the information regarding his India assets to banks.
He had also claimed that as an NRI, he was not obliged to disclose his overseas assets, and added that his three children, wife, all United States citizens, also need not disclose their assets.
In April this year, the apex court had directed Mallya to disclose all assets held by him and his family.
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By the April 7 order, the court had also asked Mallya to indicate the amount that he was prepared to deposit before it to show his bona fides for a meaningful negotiation with the banks seeking the recovery of loans advanced to Kingfisher Airlines.
