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Page 2 - Latest Updates on Vijay Mallya

'I am naturally disappointed,' says Vijay Mallya on Supreme Court verdict

The UB Group chair is accused in a bank loan default case estimated at over Rs 9,000 crore involving his now-defunct Kingfisher Airlines.

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Updated On : 11 Jul 2022 | 10:52 PM IST

SC verdict in Mallya case will enhance recovery prospects: Bankers

Beyond the case, the decision also has demonstrative effect for sternly dealing with other big-ticket defaults, two senior officials with large banks said in a first-cut assessment

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Updated On : 12 Jul 2022 | 1:01 AM IST

Ten years on, ex-Kingfisher Airline employees wait for their dues

The Supreme Court has awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case

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Updated On : 12 Jul 2022 | 12:58 AM IST

Mallya's $40-million transfer to family members that resulted in a $25 fine

Supreme Court penalises Vijay Mallya for disobeying its orders related to 2016 petition filed by SBI-led lenders' consortium

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Updated On : 12 Jul 2022 | 1:03 AM IST

List of fugitive economic offenders in India does not end with Vijay Mallya

In reply to Lok Sabha in 2020, SP Shukla said 72 Indians charged with financial irregularities have been living abroad. The list includes names like Nirav Modi, Mehul Choksi and Lalit Modi

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Updated On : 11 Jul 2022 | 11:57 AM IST

SC sentences Vijay Mallya to four months jail, asks him to deposit $40 mn

Fugitive businessman's properties will be launched if he fails to make the payment

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Updated On : 12 Jul 2022 | 12:54 AM IST

Latest news LIVE: Palaniswami elected as AIADMK's interim General Secretary

Latest Live news updates: Covid cases in India, Sri Lankan crisis, Gujarat rains, Russia-Ukraine war, and more

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Updated On : 11 Jul 2022 | 10:08 AM IST

SC to pronounce verdict against Vijay Mallya in contempt case today

Mallya, who is in the United Kingdom since March 2016, was found guilty of contempt of court for transferring $40 million to his children, in a case filed by the State Bank of India

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Updated On : 11 Jul 2022 | 7:21 AM IST

Supreme Court to pronounce verdict against Vijay Mallya on July 11

The Supreme Court in February granted the last opportunity of two weeks to Mallya to personally present or through counsel in the contempt case against him

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Updated On : 09 Jul 2022 | 10:11 PM IST

Vijay Mallya pursues attempts to overturn bankruptcy order in UK court

At a case management hearing at the Chancery Division of the High Court in London on Monday, Justice Tom Leech concluded that a set of interlinked hearings in the matter would be heard together.

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Updated On : 28 Jun 2022 | 11:35 PM IST

United Spirits to sell 32 liquor brands to Ravi Deol's Inbrew for Rs 820 cr

USL will retain McDowell's and Director's Special whiskey as it gives up labels like White-Mischief vodka and Honey Bee brandy.

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Updated On : 27 May 2022 | 11:58 PM IST

Johnson says UK doesn't welcome economic fugitives like Nirav, Mallya

'We don't welcome people who want to use our legal system to evade the law here in India,' the British Prime Minister asserted

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Updated On : 22 Apr 2022 | 9:20 PM IST

Assets worth Rs 19,111.20 cr of Vijay Mallya, Nirav Modi, Choksi attached

The government on Tuesday said assets worth Rs 19,111.20 crore relating to fugitives Vijay Mallya, Nirav Modi and Mehul Choksi, have been attached so far.

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Updated On : 23 Mar 2022 | 12:03 AM IST

SC reserves order on punishment in contempt case against Vijay Mallya

It even permitted the counsel, who was earlier representing Mallya, to file written submissions, if any, in the case by Tuesday

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Updated On : 10 Mar 2022 | 4:53 PM IST

SC adjourns hearing on contempt case against fugitive Vijay Mallya

The Supreme Court adjourned till Thursday hearing on a plea related to the appearance of fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore

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Updated On : 09 Mar 2022 | 12:49 PM IST

SC adjourns Vijay Mallya's contempt case hearing for next week

The top court had held Mallya guilty of contempt of court for transferring USD 40 million to his children in violation of the court's order and sought his presence before it on various occasions

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Updated On : 03 Mar 2022 | 5:29 PM IST

'Rs 19,111-cr assets attached out of total fraud by Mallya, Nirav & Choksi'

These figures were mentioned in the note submitted by Tushar Mehta in the SC, which is hearing arguments on a batch of petitions concerning the interpretation of certain provisions of PMLA

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Updated On : 24 Feb 2022 | 5:22 PM IST

Rs 18k cr returned to banks from Mallya, Nirav and Choksi: Centre tells SC

Solicitor General Tushar Mehta informed the Supreme Court that Rs 18,000 crore have been returned to the banks in the case of Vijay Mallya, Nirav Modi, and Mehul Choksi.

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Updated On : 23 Feb 2022 | 2:32 PM IST

SC gives final opportunity to Mallya to appear before it in contempt case

Justice Bhat said this cannot become a gateway for courts of first instance to adopt this method, and it has to be specifically mentioned that circumstances in the present case were extraordinary

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Updated On : 11 Feb 2022 | 2:24 AM IST

'Last chance': SC seeks Vijay Mallya's presence in contempt case hearing

A bench of Justices U.U. Lalit and S. Ravindra Bhat said the court has found Mallya guilty of contempt and punishment has to be imposed

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Updated On : 10 Feb 2022 | 6:06 PM IST