He had further said a lot of information has also been concealed, including a cash transaction to the tune of Rs 2500 crore, which amounted to contempt of court.
Earlier, the court had sought details of assets from Mallya in a sealed cover.
Recently, the consortium of banks had alleged that Mallya was not cooperating in the investigation of cases against him and was averse to disclosing his foreign assets.
In a rejoinder affidavit to Mallyas reply, the banks had said that disclosure of overseas assets by him and his family was significant for recovering the dues.
Rohatgi had earlier said that the beleagured businessman has also not agreed to deposit “substantial amount” as part of of Rs 9,400 crore loan due on him to establish his bonafide”.
Mallya had said the banks had no right over information regarding his overseas movable and immovable assets as he was an NRI since 1988.
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 US citizens, also need not disclose their assets. “Overseas assets were not considered while granting loans,” he had said in a statement.
The court on 7 April had directed Mallya to disclose by 21 April the total assets owned by him and his family in India and abroad while seeking an indication from him when he would appear before it.
It had asked Mallya, who owes over Rs 9,000 crore to around 17 banks, to deposit a “substantial amount” with it to “prove his bonafide” that he was “serious” about meaningful negotiations and settlement.