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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 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 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 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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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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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.
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Vijay Mallya Case: Tribunal To Take Up 7 Interlocutory Applications For Final Hearing
DRT Presiding Officer CR Benakahanahalli today said the tribunal will take up at least seven Interlocutory Applications, including three Interlocutory Applications (IA) filed by Kingfisher Finvest India Private Limited, for final hearing from today in the Vijay Mallya case.
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Mallya Doubts Fair Trial In 'Hysteria' Over Kingfisher Loans
Vijay Mallya, the businessman India termed a fugitive after defaulting on debt owed by his failed Kingfisher Airlines Ltd., said he is skeptical he will get a fair trial back home amid the "media frenzy and hysteria" over unpaid dues.
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United Breweries Denies Vijay Mallya Diverted Loan To Buy Property Abroad
Embattled liquor baron Vijay Mallya's UB Group today "strenuously denied" the allegation by the Enforcement Directorate that he siphoned off nearly Rs 430 crore from the loan extended to Kingfisher Airlines by IDBI bank for acquiring property abroad.
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Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
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'Vijay Mallya A Gentleman, Not a Crook,' Says Farooq Abdullah
Hours after he tweeted that he was no absconder, liquor baron Vijay Mallya received support from a former colleague in Parliament, Farooq Abdullah, who called him a "gentleman, not a crook".
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Kingfisher to suspend all international flights, says Vijay Mallya
Kingfisher Airlines, owned by liquor baron Vijay Mallya, has decided to end its international flights. The airline, which has a debt of 7000 crores, has committed today to running 125 domestic flights everyday using 20 aircraft. Its fleet number was 64 till a few months ago.
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Vijay Mallya gave personal guarantee of Rs 249 crore for Kingfisher
Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed on Friday.
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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 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.
-
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: Tribunal To Take Up 7 Interlocutory Applications For Final Hearing
DRT Presiding Officer CR Benakahanahalli today said the tribunal will take up at least seven Interlocutory Applications, including three Interlocutory Applications (IA) filed by Kingfisher Finvest India Private Limited, for final hearing from today in the Vijay Mallya case.
-
Mallya Doubts Fair Trial In 'Hysteria' Over Kingfisher Loans
Vijay Mallya, the businessman India termed a fugitive after defaulting on debt owed by his failed Kingfisher Airlines Ltd., said he is skeptical he will get a fair trial back home amid the "media frenzy and hysteria" over unpaid dues.
-
United Breweries Denies Vijay Mallya Diverted Loan To Buy Property Abroad
Embattled liquor baron Vijay Mallya's UB Group today "strenuously denied" the allegation by the Enforcement Directorate that he siphoned off nearly Rs 430 crore from the loan extended to Kingfisher Airlines by IDBI bank for acquiring property abroad.
-
Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
-
'Vijay Mallya A Gentleman, Not a Crook,' Says Farooq Abdullah
Hours after he tweeted that he was no absconder, liquor baron Vijay Mallya received support from a former colleague in Parliament, Farooq Abdullah, who called him a "gentleman, not a crook".
-
Kingfisher to suspend all international flights, says Vijay Mallya
Kingfisher Airlines, owned by liquor baron Vijay Mallya, has decided to end its international flights. The airline, which has a debt of 7000 crores, has committed today to running 125 domestic flights everyday using 20 aircraft. Its fleet number was 64 till a few months ago.
-
Vijay Mallya gave personal guarantee of Rs 249 crore for Kingfisher
Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed on Friday.
