Page 13 - Vijay Mallya

SAT rejects Vijay Mallya's plea against Sebi rulings on board position

The Securities Appellate Tribunal (SAT) on Friday rejected beleaguered businessman Vijay Mallya's appeal against Securities and Exchange Board of India's (Sebi) order that had barred him from holding any board position in a listed company. The tribunal also upheld the regulator's order of barring him and six others from the securities market for alleged violation of listing norms and diversion of funds. The appellate tribunal has dismissed all appeals against the Sebi order saying that considering the gravity of the matter, the market regulator was justified in invoking its extraordinary power of passing an ex-parte order."In view of the above facts and circumstances and analysis of law and with above observations we are inclined to dismiss the appeal with a direction to the appellant to appear before Sebi, in person or through a legally authorised representative, and make his submissions within 21 days," SAT said in the order. On Mallya's plea on board position, SAT said, "We find ...

IDBI loan default case: Court orders attachment of Vijay Mallya's accounts

Court allowed agency's request for issuance of Letter Rogatory to the UK to assist it in the probe

More bad times ahead for Mallya as Diageo to withhold $35 mn, recover dues

In 2016, Diageo had entered into a $75-mn sweetheart deal with Mallya and paid him $40 mn upfront

Missing India, Vijay Mallya? There is nothing to miss, says he

tVijay Mallya is still living the good life and enjoying a summer of sport

Vijay Mallya steps down as India's top representative to FIA

Mallya resigned ahead of the last meeting of FIA's World Motor Sport Council

Vijay Mallya-like cases: Modi, May discuss economic offenders' extradition

Mallya has been in the UK for months, escaping arrest warrants against him

Was Diageo aware of diversion of funds by Mallya before USL takeover?

The 'King of good times' has given Diageo a good hangover

Mallya created 20 shell companies, made personal staff directors: ED

It mentioned a transaction made to a firm which allegedly had fake or dummy directors

No delay in sharing Mallya's extradition evidence with UK: CBI

CBI has shared all nuances of the case against the liquor baron

ED files charge sheet against Vijay Mallya in Rs 900 crore IDBI loan case

Prosecution filing to be submitted to UK Court; ED to present additional evidence in July 6 hearing

A day after relief from UK court, ED files chargesheet against Mallya

A London court granted him bail and scheduled July 6 as next date of extradition hearing

Bad loans crisis: Banks are rushing to courts to get defaulters to pay up

Number of suits filed by banks against willful defaulters has more than doubled since December 2013

Keep dreaming, taunts Vijay Mallya as India fails to give UK court evidence

Indian govt failed to present evidence to support their request to force him to return to India

Keep dreaming about a billion pounds: Vijay Mallya taunts Indian govt

I deny all allegations that have been made and I will continue to deny them, says Mallya

Will retain Force India ownership, whether I stay in India or UK: Mallya

Vijay Mallya is due in court next week for an extradition hearing

Vijay Mallya 'intends to attend' all Team India Champions Trophy matches

Currently out on bail, the liquor baron was spotted in VIP stand enjoying India vs Pakistan

Mallya drops in at Kohli's event; Indian team keeps him at arm's length

Mallya's presence forced the Indian team to leave early in order to avoid any controversy

Vijay Mallya's UB Engineering nears liquidation

Insolvency process of company has not begun yet. Its 180-day moratorium ends in July

After Kingfisher villa, ED seizes Vijay Mallya's Rs 100-cr Mumbai farmhouse

The ED said the property belongs to Mandwa Farms, controlled by the now-defunct Kingfisher Airlines

ED confiscates Vijay Mallya's Alibaug farm house worth Rs 100 cr

Occupants were served eviction orders in April this year