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, 2022Out 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, 2022The 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, 2022The Indian banks were represented by the law firm TLT LLP and barrister Marcia Shekerdemian.
July 27, 2021In '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, 2021In May 2017, Mallya was found guilty of violating the top court order by siphoning away $40 million from his account.
August 27, 2020The 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, 2020Earlier 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, 2020A 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, 2020The 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, 2020Vijay 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, 2020Earlier, 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, 2020In 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, 2020A 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, 2020Mallya 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'Leave it to Virat and give him the freedom,' Mallya suggested.
February 15, 2020Pendency of the case is not a ground for holding any case anywhere in the world, the top court said.
January 7, 2020