Tag: Vijay Mallya
17 Results
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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 -
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