The State Bank of India has filed three other applications including one seeking arrest of Mallya and impounding of his passport, as the bank approached DRT seeking action against him for defaulting on loans.
SBI, which heads the consortium of 17 lenders to the grounded Kingfisher Airlines, had moved DRT here against the  airline's chairman Mallya in its bid to recover over Rs  7,000-crore dues from him.
DRT judge Benakanahalli, on priority basis, took up the application for securing a first right on the USD 75 million  severance package that Mallya will be getting for quitting  Diageo-owned United Spirits (USL) as its Chairman last week under a sweetheart deal.
The judge said other three applications – seeking impounding of Mallya's passport, getting him arrested and getting full disclosure of his assets in the country and abroad - will be heard later.
"For now, I am taking up the application seeking to secure lenders' first right on the payout from Diageo on priority basis. I will take up other applications later," he said.
Earlier, after filing the objections before DRT, Mallya's counsel Uday Holla submitted that USD 75 million cannot be attached because his client is getting the severance package after signing a non-compete agreement under which he would not enter into liquor business for next five years.


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