A plea to close criminal proceedings has been opposed by the Enforcement Directorate. The plea was made by Mallya, who claims that the proceedings are related to commercial disputes. According to Mallya, these disputes have been resolved as his lender banks have recovered their dues.

Mallya's lender banks have reportedly recovered around ₹15,000 crore, which exceeds their original dues of ₹6,200 crore plus interest. This recovery is cited as the reason for Mallya's claim that the proceedings should be closed.

Further details on the case and the Enforcement Directorate's opposition to Mallya's plea are available from the source.