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Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
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Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
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"Entitled To Relief": Vijay Mallya On Banks Recovering Rs 14,131 Crore Assets
Fugitive businessman Vijay Mallya said that banks have recovered Rs 14,131.60 crore from him "against the judgement debt of Rs 6,203 crore" but he continues to be "an economic offender".
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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.
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Vijay Mallya Declared Bankrupt By UK High Court
A British court has granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the SBI to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines.
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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
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Vijay Mallya Denied Permission To Appeal In UK Bankruptcy Case
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
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SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
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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.
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Beer King Vijay Mallya May Have To Cut $24,000-A-Week Allowance
Vijay Mallya, the ex-billionaire known as the "king of good times" in India, may have to prepare for a bout of relative austerity as he fights multiple lawsuits against creditors.
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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.
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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.
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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.
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Don't Want Air India To Go Kingfisher Way, Says Aviation Minister Raju
The state-run carrier has a debt burden of more than Rs 50,000 crore.
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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.
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Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
-
Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
-
"Entitled To Relief": Vijay Mallya On Banks Recovering Rs 14,131 Crore Assets
Fugitive businessman Vijay Mallya said that banks have recovered Rs 14,131.60 crore from him "against the judgement debt of Rs 6,203 crore" but he continues to be "an economic offender".
-
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 Declared Bankrupt By UK High Court
A British court has granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the SBI to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines.
-
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 Denied Permission To Appeal In UK Bankruptcy Case
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
-
SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
-
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.
-
Beer King Vijay Mallya May Have To Cut $24,000-A-Week Allowance
Vijay Mallya, the ex-billionaire known as the "king of good times" in India, may have to prepare for a bout of relative austerity as he fights multiple lawsuits against creditors.
-
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.
-
Don't Want Air India To Go Kingfisher Way, Says Aviation Minister Raju
The state-run carrier has a debt burden of more than Rs 50,000 crore.
-
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.
