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Tribunal Stays Rs 873 Crore Penalty Order On UBL, Other Beer Makers
Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three weeks.
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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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"Didn't Ask For Clemency": Vijay Mallya On His Offer To Karnataka Court
Fraud accused liquor baron Vijay Mallya, who is contesting India's claims to extradite him and keep him in Mumbai's Arthur Road jail, told the media today that has made no request for clemency.
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Vijay Mallya First Person To Be Booked Under New Anti-Financial Fraud Law
The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...
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Vijay Mallya Faces Fresh Money Laundering Charge Sheet, Fugitive Tag
In more trouble for liquor baron Vijay Mallya, the Enforcement Directorate or ED is set to soon file a fresh charge sheet against him and his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore, officials said today.
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United Breweries Says Chairman Vijay Mallya Ceases To Be Director
On January 25 this year Sebi had restrained Vijay Mallya from holding position as director or key managerial personnel of any listed company which has not been vacated till date, UBL said in a regulatory filing.
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Big Blow To Vijay Mallya, Court Orders Winding Up Of United Breweries Holdings
"This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors," Justice Vineet Kothari said in his order allowing petitions by banks and aircaft lessors.
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Reviewing Sebi Ban Order Against Vijay Mallya: United Breweries Holding
Mr Mallya as well as former senior USL official Ashok Capoor have been restrained from holding directorship in any listed company.
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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.
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UBHL Q2 Net Jumps Over 3-Fold To Rs 40 Crore
The company had posted a net profit of Rs 12.17 crore during the same period last fiscal.
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Will Cut Price To Auction Kingfisher Villa Again, Says PNB Official
The villa was owned by United Breweries Holdings, one of the Vijay Mallya group companies, and mortgaged by the now-grounded Kingfisher Airlines (KFA) to the consortium of banks to secure loans in 2010.
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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.
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Vijay Mallya Made United Breweries Holdings Principal Officer
Embattled tycoon Vijay Mallya, who is in London avoiding court summons here, has been made Principal Officer of United Breweries (Holdings) Ltd (UBHL) in the absence of a Managing Director and is 'monitoring' the operations of the company from the UK.
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United Breweries Holdings Jumps 10% On Robust Q1 Show
The stock zoomed 9.98 per cent to Rs 46.80 on BSE. At NSE, shares of the company jumped 9.9 per cent to Rs 46.60.
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Yes Bank Invokes Rs 156-Crore United Breweries Shares
United Breweries Ltd (UBL) on Wednesday said Yes Bank has invoked 19 lakh of its shares worth Rs 156 crore which were pledged by McDowell Holdings, a unit of Vijay Mallya-led UB Group.
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Tribunal Stays Rs 873 Crore Penalty Order On UBL, Other Beer Makers
Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three weeks.
-
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.
-
"Didn't Ask For Clemency": Vijay Mallya On His Offer To Karnataka Court
Fraud accused liquor baron Vijay Mallya, who is contesting India's claims to extradite him and keep him in Mumbai's Arthur Road jail, told the media today that has made no request for clemency.
-
Vijay Mallya First Person To Be Booked Under New Anti-Financial Fraud Law
The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...
-
Vijay Mallya Faces Fresh Money Laundering Charge Sheet, Fugitive Tag
In more trouble for liquor baron Vijay Mallya, the Enforcement Directorate or ED is set to soon file a fresh charge sheet against him and his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore, officials said today.
-
United Breweries Says Chairman Vijay Mallya Ceases To Be Director
On January 25 this year Sebi had restrained Vijay Mallya from holding position as director or key managerial personnel of any listed company which has not been vacated till date, UBL said in a regulatory filing.
-
Big Blow To Vijay Mallya, Court Orders Winding Up Of United Breweries Holdings
"This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors," Justice Vineet Kothari said in his order allowing petitions by banks and aircaft lessors.
-
Reviewing Sebi Ban Order Against Vijay Mallya: United Breweries Holding
Mr Mallya as well as former senior USL official Ashok Capoor have been restrained from holding directorship in any listed company.
-
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.
-
UBHL Q2 Net Jumps Over 3-Fold To Rs 40 Crore
The company had posted a net profit of Rs 12.17 crore during the same period last fiscal.
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Will Cut Price To Auction Kingfisher Villa Again, Says PNB Official
The villa was owned by United Breweries Holdings, one of the Vijay Mallya group companies, and mortgaged by the now-grounded Kingfisher Airlines (KFA) to the consortium of banks to secure loans in 2010.
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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.
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Vijay Mallya Made United Breweries Holdings Principal Officer
Embattled tycoon Vijay Mallya, who is in London avoiding court summons here, has been made Principal Officer of United Breweries (Holdings) Ltd (UBHL) in the absence of a Managing Director and is 'monitoring' the operations of the company from the UK.
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United Breweries Holdings Jumps 10% On Robust Q1 Show
The stock zoomed 9.98 per cent to Rs 46.80 on BSE. At NSE, shares of the company jumped 9.9 per cent to Rs 46.60.
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Yes Bank Invokes Rs 156-Crore United Breweries Shares
United Breweries Ltd (UBL) on Wednesday said Yes Bank has invoked 19 lakh of its shares worth Rs 156 crore which were pledged by McDowell Holdings, a unit of Vijay Mallya-led UB Group.
