Mumbai, Dec. 4 -- Businessman Vijay Mallya cannot be declared a fugitive as he has been formally arrested in London at the request of Indian authorities and granted bail by a UK court, argued his lawyer on Monday.

Mallya's lawyer, Amit Desai, continued arguments in the court on the application of the Enforcement Directorate (ED) to declare Mallya as a Fugitive Economic Offender under the new Fugitive Economic Offenders Act.

On the third day of the arguments, Desai focused on the technicality of the entire process - from issuance of warrant against Mallya to the proceedings initiated by the Indian government with the UK government for the businessman's extradition.

Desai told the court that the Special Prevention of Money Laundering Act (...