Tag: Vijay Mallya
17 Results
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Vijay Mallya sentenced to 4 months jail by Supreme Court
Mallya is currently in the United Kingdom and is being charged with a bank debt default case involving his defunct Kingfisher Airlines that involves over Rs 9,000 crore.
July 11, 2022 -
Consortium of banks realizes Rs 7,975.27 cr by sale of assets
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
March 23, 2022 -
ED confiscated Rs 18,000 crore from Vijay Mallya, Nirav Modi, Mehul Choksi: Centre tells SC
The govt further said that the total proceeds of crime in the PMLA cases pending before the top court amounts to Rs 67,000 Crores.
February 24, 2022 -
UK court declares Vijay Mallya as ‘bankrupt’
The Indian banks were represented by the law firm TLT LLP and barrister Marcia Shekerdemian.
July 27, 2021 -
On the trail of 12 Indian fugitives who fled to London
In 'Escaped: True Stories of Indian Fugitives in London' (Penguin), Danish Khan and Ruhi Khan, through eyewitness accounts and archival records, delve into these 12 cases to decode why London is an irresistible siren for Indian fugitives.
March 1, 2021 -
SC reserves order on Vijay Mallya’s plea seeking review of contempt of court
In May 2017, Mallya was found guilty of violating the top court order by siphoning away $40 million from his account.
August 27, 2020 -
Rhea Chakraborty named in CBI probe, case to be investigated by team probing Vijay Mallya, AgustaWestland cases
The Enforcement Directorate (ED) is probing the alleged Rs 15 crore misappropriation of money angle in the case. In this regards, it has summoned Rhea Chakraborty for questioning.
August 6, 2020 -
SC to hear review petition of fugitive businessman Vijay Mallya in money transfer case on August 20
Earlier in June, the apex court had directed its registry to explain why the petition had not been listed before the concerned court for the last three years.
August 6, 2020 -
Vijay Mallya’s extradition may be ‘delayed’; legal issue ‘unresolved’, says British High Commission
A CBI officer said the investigating agencies are aware of the possibility that Mallya, being a former Rajya Sabha Member, could seek political asylum in the UK.
June 4, 2020 -
Vijay Mallya loses leave to appeal in UK Supreme Court, may be extradited soon
The 64-year-old controversial businessman took over Rs 9,000 crore in loans from banks which the authorities argue he had no intention of repaying.
May 14, 2020 -
Facing extradition, Vijay Mallya asks govt to take all his money and close case
Vijay Mallya said he had offered to pay 100 per cent of the amount borrowed by Kingfisher Airlines to the banks but neither banks were willing to take the money nor the Enforcement Directorate was willing to release his attached assets at the behest of the banks.
May 14, 2020 -
Vijay Mallya appeals to UK Supreme Court as last recourse to prevent extradition to India
Earlier, the embattled liquor baron lost his High Court appeal in London on April 20 against his extradition order to India over charges of fraud and money laundering, involving his now defunct Kingfisher Airlines, amounting to an alleged Rs 9,000 crores.
May 5, 2020 -
Mehul Choksi’s Gitanjali Gems tops RBI list of defaulters with a whopping Rs 5,492 cr written off
In a Right to Information or RTI response to activist Saket Gokhale released on Tuesday, the RBI said that outstanding loans amounting to Rs 68,607 crore taken out by the 50 firms have been written off till September 30, 2019.
April 29, 2020 -
UK High Court defers bankruptcy hearings against Vijay Mallya
A consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Vijay Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from him.
April 10, 2020 -
Vijay Mallya reiterates offer to return bank dues, seeks Centre’s help for his employees
Mallya said that he had made offers to return the outstanding dues many times but neither the banks nor the Enforcement Directorate were cooperating.
March 31, 2020 -
Vijay Mallya praises Virat Kohli but takes a dig at RCB after new logo launch
'Leave it to Virat and give him the freedom,' Mallya suggested.
February 15, 2020 -
Vijay Mallya can’t use pending plea to stall insolvency proceedings: Supreme Court
Pendency of the case is not a ground for holding any case anywhere in the world, the top court said.
January 7, 2020