Zaiwalla said that the Crown Prosecution Service could apply for an expedited appeal process "but it is not common for this to be granted".
However, the Secretary will also hear arguments from Mallya as to why he should not be extradited, provided he submits these within four weeks from the magistrate's decision.
"Having considered evidence as a whole".
On the judgement, he said before entering the court, "Whatever the judgement is, we will see and we will follow it.", adding that the assets have been attached by the authorities and they are not "bogus".
Mallya made the remarks while talking to reporters outside the Westminster Magistrates' Court which delivered its verdict on his extradition after a year-long trial.
Sarosh Zaiwalla, founder of law firm Zaiwalla & Co. said: "Mallya is not likely to be extradited to India for months".
The loans from the state-owned IDBI bank were meant to bail out his failed carrier Kingfisher Airlines.
The 62-year-old, who built his fortune in the drinks industry, denies any wrongdoing and has been fighting to remain in Britain.
Earlier, Vijay Mallya had issued an apology and offered to repay all the money and loan which he had borrowed to the Indian banks, wherein he had tweeted, "I did not borrow a single rupee". Prison expert Alan Mitchell, brought in as an expert on jail conditions in India, had told that court that prisons in India did not meet with Article 3 of the European Human Rights Commission and would thus breach Mallya's human rights. Her ruling will now be passed to the interior minister who must also approve it. "Welcome to the New India!"
He had recently tweeted indicating his willingness to repay the entire principle amount that he owed financial institution.
Chief Magisrate Judge Emma Arbhuthnot accepted India's demand for Mallya's extradition on charges of fraud and money laundering.
"I can not understand how my extradition decision. and my settlement offer are linked in any way", he wrote on Twitter on Thursday.
Ruhi Khan is a journalist and social scientist based in London.
Police arrest protesters in Paris, turn others away
Offshoot movements have emerged elsewhere, and yellow-vest protests were planned Saturday in Belgium and the Netherlands. Some protesters took aim at the French border with Italy, creating a huge traffic backup near the town of Ventimiglia.