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Page 3 - Latest Updates on Vijay Mallya

Top Headlines: Mallya faces eviction; Microsoft to buy Activision Blizzard

The fugitive Kingfisher tycoon Vijay Mallya is facing the prospect of a humiliating eviction from the luxury Central London home he currently occupies.

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Updated On : 19 Jan 2022 | 7:05 AM IST

Fugitive billionaire Vijay Mallya faces eviction from luxury home in London

The fugitive Kingfisher tycoon Vijay Mallya is facing the prospect of a humiliating eviction from the luxury Central London home he currently occupies

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Updated On : 19 Jan 2022 | 6:37 AM IST

Mallya can be evicted from London home over unpaid loan: UK court

Meanwhile, Mallya is wanted in India to face charges of fraud and money laundering amounting to an alleged Rs 9,000 crores related to loans made to his now-defunct Kingfisher Airlines

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Updated On : 18 Jan 2022 | 10:25 PM IST

'Banks recover Rs 13k cr from asset sale of defaulters like Mallya, Nirav'

FM Sitharaman said this while replying to a discussion on the second batch of Supplementary Demands for Grants which was approved by the Lok Sabha

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Updated On : 20 Dec 2021 | 5:40 PM IST

Can't wait any longer for Mallya: SC fixes Jan 16 for sentence hearing

The bench then said that it would take up the matter for hearing at 2 PM during the day

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Updated On : 01 Dec 2021 | 1:55 AM IST

Contempt matter involving Mallya to be dealt with finally on Jan 18: SC

The contempt matter against Vijay Mallya has to see light of day at some stage and the process must get over, says SC

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Updated On : 30 Nov 2021 | 3:22 PM IST

'Waited for long', SC to decide punishment for Vijay Mallya in Jan

The bench said the process to award sentence to Mallya in the contempt of court matter must get over, as the top court has waited sufficiently for long

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Updated On : 30 Nov 2021 | 3:11 PM IST

SC to begin hearing on Vijay Mallya's sentencing in contempt-of-court case

The Supreme Court said it will begin hearing on sentencing Vijay Mallya in a contempt of court, in which he was held guilty in July 2017.

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Updated On : 30 Nov 2021 | 1:49 PM IST

Vijay Mallya's bankruptcy: What it means for fugitive businessman, lenders

As per British law, a bankruptcy trustee takes charge of a bankrupt person's financial and physical assets

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Updated On : 28 Jul 2021 | 10:21 PM IST

UK court declares Vijay Mallya bankrupt for Indian banks to realise debt

The Indian banks, represented by the law firm TLT LLP and barrister Marcia Shekerdemian, had argued for the bankruptcy order to be granted in favour of the Indian banks

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Updated On : 27 Jul 2021 | 12:41 PM IST

'Best assurance' from UK on Vijay Mallya extradition: Foreign Secy Shringla

During his two-day visit to the UK, Shringla held meetings with Foreign, Commonwealth and Development Office (FCDO) officials to review the Roadmap 2030 strategy

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Updated On : 24 Jul 2021 | 10:27 PM IST

Banks consortium gets over Rs 792 crore in Mallya loan default case: ED

The State Bank of India-led consortium that lent loans to fugitive businessman Vijay Mallya on Friday received Rs 792.11 crore in its accounts after some shares, earlier attached under the anti-money laundering law, were sold, the Enforcement Directorate said.

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Updated On : 16 Jul 2021 | 10:22 PM IST

ED transfers Rs 9,371-cr assets seized from Mallya, Nirav, Choksi to PSBs

ED attached/ seized assets worth Rs 18,170 cr from Vijay Mallya, Nirav Modi and Mehul Choksi under PMLA

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Updated On : 23 Jun 2021 | 11:01 PM IST

Banks realised 40% loss in Mallya, PNB cases via sale of seized stock: ED

About 40% of the money lost by banks in the PNB scam and the fraud linked to Vijay Mallya's defunct Kingfisher Airlines has been realised by way of sale of shares seized under PMLA, the ED said

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Updated On : 23 Jun 2021 | 1:29 PM IST

Tribunal sold UB shares worth Rs 5,800 cr in Mallya bank fraud case: ED

The DRT has sold shares worth over Rs 5,800 crore of United Breweries that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against Vijay Mallya

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Updated On : 23 Jun 2021 | 12:02 PM IST

Sebi exempts open offer for Heineken's purchase of 15% stake in UB

Regulator allows special exemption as the shares are being acquired as part of an order of Debt Recovery Tribunal to recover dues from Vijay Mallya and his group companies

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Updated On : 22 Jun 2021 | 11:11 PM IST

ED transfers Rs 5,600-cr UBL shares to recovery officer's demat account

Liquor firm United Breweries on Monday said ED has transferred 4.13 crore equity shares of the Vijay Mallya-promoted firm worth over Rs 5,600 crore to the Demat account of recovery officer of the DRT

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Updated On : 08 Jun 2021 | 12:32 AM IST

Mehul Choksi's lifelong drive to do 'something big' ends in Caribbean trial

Bank fraud, Bollywood ambassadors and an offshore soap opera - the many acts of a fugitive diamantaire

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Updated On : 04 Jun 2021 | 8:48 AM IST

Banks can sell Mallya's assets worth Rs 5,646 cr to recover dues

SBI has the highest exposure of Rs 1,600 crore out of original loan of Rs 6,900 crore to the defunct Kingfisher Airlines.

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Updated On : 03 Jun 2021 | 6:27 PM IST

Mallya case: Banks' claim of Rs 6,200-cr loss not imaginary, says court

A special court in Mumbai has said the banks that had granted loans to fugitive liquor baron Vijay Mallya, have suffured losses

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Updated On : 02 Jun 2021 | 8:23 PM IST