Kingfisher Airlines Debt
- All
- News
- Videos
-
Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Vijay Mallya Loses Bankruptcy Petition Amendment High Court Battle In UK
A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition
-
Vijay Mallya Faces Bankruptcy Over Rs 10,000 Crores In Debt
Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.
-
Winding Up Of United Breweries Holdings: Court To Hear Case on Thursday
The Karnataka High Court on Monday adjourned the hearing to December 20 on a plea which sought not to wind up liquor baron Vijay Mallya-linked UBHL and give the company an opportunity to clear the debts related to his defunct Kingfisher Airlines Limited.
-
Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
-
Vijay Mallya Trial To Hear Evidence From Political Expert
Vijay Mallya's extradition trial is set to hear more expert witness statements today as the fugitive liquor tycoon's defence seeks to establish that there are no grounds to force him to return to India to face allegations of fraud over his now-defunct Kingfisher Airlines.
-
Democracy Liberal Enough In UK For Defaulters To Stay: Arun Jaitley
Mr Mallya, the chief of the now defunct Kingfisher Airlines, had moved to Britain in March last year after banks sued him to recover around $1.4 billion owed by the airline.
-
India Asks UK To Extradite Vijay Mallya, Says Case Against Him Is 'Legitimate'
India today handed over its request to extradite business tycoon Vijay Mallya from the UK where he had flown last year after defaulting on bank loans worth 900 crore and facing charges of money laundering.
-
Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
-
Tribunal To Pronounce Verdict In Vijay Mallya Case On Thursday
DRT Presiding Officer K Sreenivasan said this while hearing an Interlocutory Application pertaining to the case.
-
Vijay Mallya Case: Tribunal Reserves Order On Banks Plea For Dues Recovery
This brings the curtains down on nearly three-year legal battle in the tribunal by the consortium comprising 17 banks to recover the money owed by the defunct airlines.
-
Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
-
Vijay Mallya Case: Debt Recovery Tribunal Asks Airbus To Deposit Rs 192.51 Crore
The Debt Recovery Tribunal directed European aircraft manufacturer Airbus to deposit with it Rs 192.51 crore toward pre-delivery payment made by a consortium of banks for purchase of planes by now defunct Kingfisher Airlines controlled by Vijay Mallya.
-
Vijay Mallya Row: Tribunal To Pass Interim Order In IndiGo, GoAir Case
The Debt Recovery Tribunal will on Tuesday pass an interim order on the plea of a consortium of banks seeking a direction to airlines IndiGo and GoAir under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case.
-
Not Liable To Repay Rs 6,000 Crore Debt Due to Breach Of Terms: KFA
The Kingfisher Airlines Limited, a holding company of Vijay Mallya, on Monday said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.
-
Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Vijay Mallya Loses Bankruptcy Petition Amendment High Court Battle In UK
A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition
-
Vijay Mallya Faces Bankruptcy Over Rs 10,000 Crores In Debt
Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.
-
Winding Up Of United Breweries Holdings: Court To Hear Case on Thursday
The Karnataka High Court on Monday adjourned the hearing to December 20 on a plea which sought not to wind up liquor baron Vijay Mallya-linked UBHL and give the company an opportunity to clear the debts related to his defunct Kingfisher Airlines Limited.
-
Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
-
Vijay Mallya Trial To Hear Evidence From Political Expert
Vijay Mallya's extradition trial is set to hear more expert witness statements today as the fugitive liquor tycoon's defence seeks to establish that there are no grounds to force him to return to India to face allegations of fraud over his now-defunct Kingfisher Airlines.
-
Democracy Liberal Enough In UK For Defaulters To Stay: Arun Jaitley
Mr Mallya, the chief of the now defunct Kingfisher Airlines, had moved to Britain in March last year after banks sued him to recover around $1.4 billion owed by the airline.
-
India Asks UK To Extradite Vijay Mallya, Says Case Against Him Is 'Legitimate'
India today handed over its request to extradite business tycoon Vijay Mallya from the UK where he had flown last year after defaulting on bank loans worth 900 crore and facing charges of money laundering.
-
Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
-
Tribunal To Pronounce Verdict In Vijay Mallya Case On Thursday
DRT Presiding Officer K Sreenivasan said this while hearing an Interlocutory Application pertaining to the case.
-
Vijay Mallya Case: Tribunal Reserves Order On Banks Plea For Dues Recovery
This brings the curtains down on nearly three-year legal battle in the tribunal by the consortium comprising 17 banks to recover the money owed by the defunct airlines.
-
Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
-
Vijay Mallya Case: Debt Recovery Tribunal Asks Airbus To Deposit Rs 192.51 Crore
The Debt Recovery Tribunal directed European aircraft manufacturer Airbus to deposit with it Rs 192.51 crore toward pre-delivery payment made by a consortium of banks for purchase of planes by now defunct Kingfisher Airlines controlled by Vijay Mallya.
-
Vijay Mallya Row: Tribunal To Pass Interim Order In IndiGo, GoAir Case
The Debt Recovery Tribunal will on Tuesday pass an interim order on the plea of a consortium of banks seeking a direction to airlines IndiGo and GoAir under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case.
-
Not Liable To Repay Rs 6,000 Crore Debt Due to Breach Of Terms: KFA
The Kingfisher Airlines Limited, a holding company of Vijay Mallya, on Monday said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.
