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Latest Articles in vijay mallya
I Am Naturally Disappointed: Vijay Mallya On Supreme Court Verdict
The Supreme Court had on March 10 reserved its order in the matter, observing that proceedings against Mallya have hit a "dead wall"
Read MoreVijay Mallya Sentenced For 4-Month Jail, Rs 2000 Fine For Contempt Of Court
The Supreme Court (SC) on Monday, had charged Vijay Mallya four months jail term and a fine of Rs 2000 under the contempt of court charge. The top court bench said that A sufficient punishment is required. Mallya exhibited no remorse
Read MoreVijay Mallya Sentenced To Four Months In Prison In Contempt Case
A bench headed by Justice U U Lalit also imposed a fine of Rs 2,000 on Mallya. The top court had on March 10 reserved its order in the matter, observing that proceedings against Mallya have hit a 'dead wall'
Read MoreSC Reserves Order On Punishment In Contempt Case Against Vijay Mallya
Mallya was held guilty of contempt in 2017, and the matter was thereafter to be listed to hear him on the proposed punishment to be awarded to him
Read MoreContempt Matter Involving Mallya To Be Dealt On Jan 18: SC
Observing that the apex court has waited sufficiently long, a bench headed by Justice U U Lalit said, We can't be waiting any longer now.
Read MoreKingfisher Airlines Case: Vijay Mallya Mocks Banks For Saying He Still Owes Them Money
The 65-year-old businessman remains on bail in the UK while a "confidential" legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.
Read MoreUK High Court Declares Vijay Mallya Bankrupt For Indian Banks To Realise Debt
The 65-year-old businessman, meanwhile, remains on bail in the UK while a 'confidential' legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.
Read MoreBanks Consortium Gets Over Rs 792 Crore In Mallya Loan Default Case: ED
The Enforcement Directorate (ED) claimed that the banks and the government exchequer have realised 58 per cent out of the total fraud perpetrated in two of the country's biggest criminal bank loan heist cases till date.
Read MoreSBI-Led Consortium Gets Over Rs 5,800-Cr In Mallya Loan Default Case: ED
The disputes resolution tribunal (DRT) had sold these shares on June 23 after the Enforcement Directorate had transferred shares worth about Rs 6,624 crore of UBL to the SBI-led consortium on the directions of a special PMLA court that is hearing the case involving Mallya in Mumbai.
Read MoreBanks Can Sell Vijay Mallya's Properties, Shares Worth Rs 5,646 Cr To Recover Dues
The special PMLA court in Mumbai on Tuesday allowed the restoration of properties worth Rs 5,646.54 crore to banks.
Read MoreBanks Can Sell Vijay Mallya's Properties, Shares Worth Rs 5,646 Cr To Recover Dues
A consortium of 11 banks that gave Mallya loans, led by State Bank of India (SBI), had approached a special Prevention of Money Laundering Act (PMLA) court seeking restoration of his properties seized by the Enforcement Directorate.
Read MoreVijay Mallya Loses UK Appeal For More Funds To Cover Indian Legal Fees
The expenditure incurred from the CFO could face further scrutiny at a later date on the conclusion of that petition, lodged by the banks in pursuit of a judgment debt which stands at over 1 billion pounds.
Read MoreVijay Mallya Loses Bankruptcy Petition Amendment High Court Battle In UK
The Indian banks, represented by the law firm TLT LLP and barrister Marcia Shekerdemian, were also granted costs in totality for the petition hearings, as the “overall successful” party in the case.
Read MoreIndian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
Mallya’s barrister, Philip Marshall, referred to witness statements of retired Indian judges in previous hearings to reiterate that there is “public interest under Indian law” by virtue of the banks being nationalised.
Read MoreVijay Mallya appeals to UK Home Secy for another route to stay in the UK
Vijay Mallya appeals to UK Home Secy for another route to stay in the UK
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