Vijay Mallya Trial

Indian banks pursue bankruptcy order against Vijay Mallya in UK court

Mallya's legal team, led by barrister Philip Marshall, countered that the banks were secured creditors and that the petition should be dismissed.

SC to hear Mallya's plea challenging confiscation of properties on Friday

Mallya, who is currently in the UK, has been charged by the Enforcement Directorate (ED) of defaulting on bank loans to the tune of Rs 9,000 crore

Mallya fails to get UK court to stall Indian banks' bid to recover dues

Mallya's lawyers had argued for the dismissal of the interim order on a number of grounds, including a claim that it was a 'deliberate ploy' to prevent Mallya 'reasonable' living expenses

No objection to restoration of Vijay Mallya's properties to banks: ED

According to the consortium, the amount claimed by the banks was around Rs 6,200 crore

Vijay Mallya first businessman to be declared 'fugitive economic offender'

Mallya's properties can now be confiscated by the government

Money laundering case: UK Court rejects Vijay Mallya's attempt to appeal

The UK's Court of Appeal refused Mallya the permission to appeal against a UK High Court order in favour of 13 Indians banks to recover funds amounting to nearly £1.145 billion.

UK High Court allows seizure of Vijay Mallya's UK assets

The order will help a consortium of 13 Indian banks to recover funds amounting to nearly Rs 90 billion

ED files fresh charge sheet against Mallya, prepares for fugitive tag

The agency has filed the charge sheet, also known as prosecution complaint, before a special court here under the provisions of PMLA

Grounds to regard Vijay Mallya a 'fugitive from justice': UK High Court

The High Court remained unconvinced by Mallya's claim that he has been a non-resident Indian (NRI) since 1988 and has lived in England since 1992

Abuse of UK 'Chennai Six' mentioned to buttress Mallya's extradition case

The group of ex-British soldiers jailed in India was dragged to a psychiatric hospital and force-fed anti-psychotic tablets

Vijay Mallya assets freeze order in UK courts until April 2018

Embattled liquor tycoon Vijay Mallya, who is undergoing an extradition trial in a UK court over Rs 9,000-crore fraud and money laundering charges, will be dealing with a parallel litigation around an estimated USD 1.5 billion worldwide freeze order on his assets well into 2018. According to court documents submitted at the UK High Court, the claim brought by 13 Indian banks against the 61- year-old businessman will come up for a hearing in April next year. "The First Respondent's (Mallya) application to set aside the Freezing Injunction is to be set down for hearing on the first available date after 11 April 2018 with a time estimate of 2 days," states the court document. The litigation in the Queen's Bench Division of the commercial court in England's High Court of Justice lists the State Bank of India, Bank of Baroda, Corporation Bank, Federal Bank Ltd, IDBI Bank, Indian Overseas Bank, Jammu & Kashmir Bank, Punjab & Sind Bank, Punjab National Bank, State Bank ..

Mallya extradition: CPS tears in political expert deposed by liquor baron

CPS barrister Mark Summers, arguing on behalf of Indian government, took him to task on this aspect

Mallya extradition trial: Lawyer questions impartiality of Indian judiciary

The 61-year-old was back in the dock at Westminster Magistrates' Court in London for day four of the hearing

Day 4 of Mallya extradition trial: Defence to depose two more witnesses

The trial to prove a prima facie case of fraud against fugitive liquor baron Vijay Mallya resumes here today to determine if he can be extradited to India to face charges over his erstwhile Kingfisher Airlines. The 61-year-old will be back in the dock at Westminster Magistrates' Court in London for day four of the hearing when his defence led by barrister Clare Montgomery, is set to depose two further witnesses in its attempt to prove that the airline's alleged default of around Rs 9,000 crore worth of bank loans was the result of business failure rather than "dishonest" and "fraudulent" activity by its owner. Meanwhile, it has emerged that the businessman is also facing a parallel litigation in the Queen's Bench Division of the commercial court in England's High Court of Justice brought by a consortium of Indian banks to freeze his global assets. The State Bank of India, Bank of Baroda, Corporation Bank, Federal Bank Ltd, IDBI Bank, Indian Overseas Bank, Jammu & ...