The fugitive Kingfisher tycoon Vijay Mallya is facing the prospect of a humiliating eviction from the luxury Central London home he currently occupies.
The fugitive Kingfisher tycoon Vijay Mallya is facing the prospect of a humiliating eviction from the luxury Central London home he currently occupies
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
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
The bench then said that it would take up the matter for hearing at 2 PM during the day
The contempt matter against Vijay Mallya has to see light of day at some stage and the process must get over, says SC
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
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.
As per British law, a bankruptcy trustee takes charge of a bankrupt person's financial and physical assets
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
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
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.
ED attached/ seized assets worth Rs 18,170 cr from Vijay Mallya, Nirav Modi and Mehul Choksi under PMLA
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
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
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
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
Bank fraud, Bollywood ambassadors and an offshore soap opera - the many acts of a fugitive diamantaire
SBI has the highest exposure of Rs 1,600 crore out of original loan of Rs 6,900 crore to the defunct Kingfisher Airlines.
A special court in Mumbai has said the banks that had granted loans to fugitive liquor baron Vijay Mallya, have suffured losses