Page 2 - Vijay Mallya Case

SC to begin hearing on Vijay Mallya's sentencing in contempt-of-court case

The Supreme Court said it will begin hearing on sentencing Vijay Mallya in a contempt of court, in which he was held guilty in July 2017.

Kingfisher Airlines case: Mallya mocks banks for saying he still owes money

With reports of IDBI Bank fully recovering its dues from now-defunct Kingfisher Airlines, fugitive businessman Vijay Mallya on Thursday mocked banks for saying he still owed them money.

Vijay Mallya's bankruptcy: What it means for fugitive businessman, lenders

As per British law, a bankruptcy trustee takes charge of a bankrupt person's financial and physical assets

ED transfers Rs 9,371 cr assets seized in Mallya, Nirav cases to PSBs, govt

The ED on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government

Banks to sell Mallya's UBL shares worth Rs 5,500 cr after PMLA court nod

SBI in talks with SBI Caps to sell shares via block deals

Vijay Mallya loses bankruptcy petition amendment High Court battle in UK

A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines

Vijay Mallya appeals to UK Home Secy for another route to stay in the UK

It is likely that the reference is to an asylum route which, according to legal experts, would depend upon whether Mallya applied for asylum prior to the extradition request or after

UK High Court refuses to release money for liquor tycoon Vijay Mallya

Mallya has been denied access by a UK court to a significant chunk of his cash held by the UK court funds office as part of bankruptcy proceedings against him launched by a consortium of Indian banks

SC seeks Vijay Mallya's extradition status report from Centre in 6 weeks

The Centre had on October 5 told the apex court that Mallya cannot be extradited to India until a separate "secret" legal process in the UK, which is "judicial and confidential in nature is resolved"

Nirav Modi extradition: UK court given fresh video tour of Arthur Road Jail

The video, with a voice-over confirming that it was shot without any artificial light sources, gave a tour of the jail and specifically Barrack 12

SC reserves order on Mallya's plea seeking review of 2017 contempt order

A bench comprising justices U U Lalit and Ashok Bhushan reserved its order after hearing arguments in the case

ED, CBI have been treating me 'totally unreasonably': Vijay Mallya

His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.

Caught between the devil & the deep blue sea

Why banks continued to give money to Kingfisher Airlines is still shrouded in mystery; too many questions remain unanswered

Top events today: FM meets PSU bank CEOs, consular access to Jadhav & more

From FM Sitharaman's meeting with CEOs of public sector banks to SC hearing Jaypee plea against NCLT order, Business Standard brings you top events of the day

Mallya's UK High Court extradition appeal to be heard in Feb next year

The appeal hearing has been listed on 11 February 2020 with a time estimate of three days, a UK High Court official said.

UK High Court begins hearing Mallya's appeal against extradition order

The 63-year-old former Kingfisher Airlines boss said he was feeling "positive" as he entered the Royal Courts of Justice, where Justices George Leggatt and Andrew Popplewell began hearing the argument

Vijay Mallya faces bankruptcy case filed by Indian banks in UK High Court

Mallya, meanwhile, remains on bail after his extradition was recently ordered by Westminster Magistrates' Court in London, an order which now awaits a sign-off by UK home secretary Sajid Javid

Have offered to repay 100% to banks, please take it, says Vijay Mallya

Kingfisher was a fab airline that faced the highest ever crude prices of $140/barrel, said Mallya

ED set to file fresh charge sheet against Vijay Mallya for money laundering

The ED, officials said, had found that a maze of shell or dummy firms were used to allegedly siphon off these funds and this is expected to be stated in the upcoming charge sheet.

Vijay Mallya case: CBI gets boost on evidence admissibility

During the hearing, the judge initially seemed reluctant to allow another hearing, being requested by Vijay Mallya's defence team