Tag: Vijay Mallya
17 Results
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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 -
Special court allows lenders to liquidate Vijay Mallya’s seized assets
The lender, which include 15 banks primarily the State Bank of India (SBI), are seeking to recover over Rs6,200 crore from Mallya.
January 1, 2020 -
PNB scam: Nirav Modi declared ‘fugitive economic offender’ by Mumbai court
With this, Nirav Modi becomes only the second accused so far under the Fugitive Economic Offenders Act (FEOA) to have been declared a 'fugitive economic offender' after Vijay Mallya.
December 5, 2019 -
Ask your own banks to take their full money: Vijay Mallya on being trolled
Mallya is currently facing extradition proceedings in the UK. He left India on March 2, 2016, after allegedly defaulting on loans amounting to Rs 9,000 crore.
July 14, 2019 -
Fragile wings, cloudy skies
Two days before Jet Airways went public with a share offering in 2005, the government allowed it to operate international routes.
July 14, 2019 -
Vijay Mallya gets reprieve from UK HC, can appeal extradition ruling
A consortium of 13 banks, led by the State Bank of India, has initiated loan recovery proceedings against him in a special court in Mumbai under the Fugitive Economic Offenders Act.
July 3, 2019 -
Vijay Mallya appears before UK High Court, hearing underway
In the scenario that Vijay Mallya is unsuccessful in his appeal, he must be extradited within 28 days from the appeal decision becoming final.
July 2, 2019 -
Vijay Mallya spotted watching India versus Australia World Cup match at Oval
His son, Siddharth Mallya, posted a photo of the two at the stadium on his Instagram account.
June 9, 2019 -
Vijay Mallya offers 100% payback to banks again
The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his extradition order from the UK to India to face charges of fraud and money laundering amounting to Rs 9,000 crore.
April 29, 2019 -
Financially stressed Jet Airways suspends operations
Going by the sources in the industry, the company is almost out of funds and is relying only on the negligible funds being infused by lenders on an expense-to-expense basis.
April 17, 2019 -
Feel sorry for Jet Airways and Naresh Goyal: Vijay Mallya
Alleged the government saying it is discriminating between public sector and private airlines
April 17, 2019 -
UK court rejects Vijay Mallya’s plea against extradition; to face oral hearing next
In February, UK's Home Office said the British government had signed an order to extradite Mallya.
April 8, 2019 -
PM Modi has fully vindicated me as ‘poster boy’ for BJP govt: Vijay Mallya
Mallya's latest social media comments follow a recent interview in which Prime Minister Modi said that recovering an amount more than what Mallya defrauded was a big win for India.
April 1, 2019 -
Nirav Modi, Mallya to share same cell in Mumbai jail? ‘There is space’, quips UK judge
The UK court earlier on Friday rejected Nirav Modi’s second bail application, saying there are 'substantial grounds' to believe the fugitive diamantaire will fail to surrender.
March 30, 2019 -
Double standards under NDA, says Vijay Mallya after Jet Airways bailout by PSU banks
Mallya, who is facing extradition to India from the UK, said while the PSU banks bailed out Jet Airways they allowed his Kingfisher Airlines to “fail ruthlessly”.
March 26, 2019 -
Nirav Modi’s extradition likely to take long time, says top UK law expert
The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.
March 21, 2019 -
Why is PM Modi not instructing banks to accept my offer, tweets Vijay Mallya
Fugitive economic offender Vijay Mallya on Thursday posted a series of tweets asking why Prime Minister Narendra Modi was not instructing banks to accept the money he is offering to pay off the loans on Kingfisher.
February 14, 2019