Source:-https://www.hindustantimes.com A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and
Source: news18.com London: In an order that brought relief, The UK High Court on Tuesday allowed embattled liquor tycoon Vijay Mallya to appeal at least on one of the five grounds against his extradition order signed off by the UK home secretary to face alleged fraud and money laundering charges amounting to Rs 9,000 crore
Source – moneycontrol.com When officials of India’s home ministry met with their counterparts from the United Kingdom on Tuesday, it was in the wake of a recent London court order that could pose a barrier to India’s efforts to extradite erstwhile liquor baron Vijay Mallya. The Westminster Magistrate’s court in London, which is currently handling Mallya’s case,
