SC junks Vijay Mallya's plea challenging proceedings to declare him a fugitive
Fri, Mar 03, 2023
The prosecuting agency has the power to confiscate his property, once a person is declared a fugitive economic offender under the provisions of the Act. Mallya was declared a fugitive under the Act in January 2019, by a Mumbai special court.
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SC sentences Vijay Mallya for four-month in contempt case; fine of Rs 2000 imposed
Mon, Jul 11, 2022
Supreme Court sentenced tycoon Vijay Mallya on Monday to four months in jail for refusing to disclose his assets after defaulting on a loan of 90 billion rupees ($1.13 billion) since the collapse of his defunct Kingfisher Airlines.
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Paving the way for SBI-led consortium of Indian banks! UK High Court declares Vijay Mallya bankrupt - Here is what judge said
Mon, Jul 26, 2021
"As at 15.42 [UK time], I adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the High Court here.
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ED transfers attached assets worth Rs 8441.5 cr to PSBs which suffered losses due to bank fraud by Vijay Mallya, Nirav Modi and Mehul Choksi
Wed, Jun 23, 2021
India’s Enforcement Directorate (ED) has transferred assets worth Rs 8441.5 cr to public sector banks including the State Bank of India (SBI). These assets were attached by the ED and belong to Vijay Mallya, Nirav Modi and Mehul Choksi
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Vijay Mallya's property worth 1.6 million euros seized in France
Fri, Dec 04, 2020
On the request of the Enforcement Directorate (ED), French authorities on Friday seized a property belonging to fugitive businessman Vijay Mallya, worth 1.6 million euros (approximately Rs 14 crores), in France.
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Big setback for Vijay Mallya, SC junks plea; SBI advocate says Rs 3,600 crore recovered, Rs 11,000 crore still pending
Mon, Oct 26, 2020
The Supreme Court on Monday dismissed a plea filed by liquor baron Vijay Mallya`s United Breweries Holdings Limited (UBHL) to challenge a Karnataka High Court order to uphold the winding up of the company for recovery of dues payable by Kingfisher Airlines Ltd
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Vijay Mallya asks govt to accept loan repayment offer, close case against him
Thu, May 14, 2020
Mallya, promoter of the defunct Kingfisher Airlines, who is wanted in India over alleged fraud and money laundering charges amounting to estimated Rs 9,000 crore, added,"Please take my money unconditionally and close."
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Vijay Mallya appeals to UK Supreme Court as last ditch effort to prevent extradition to India
Tue, May 05, 2020
Mallya`s application in Supreme Court came on the last day when such an appeal could be made in the top court. The 64-year-old businessman was given 14 days to file such application against the order of High Court. The high court dismissed his appeal against a Westminster Magistrates` Court extradition order certified by the UK Home Secretary.
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Will continue to pursue further legal remedies: Vijay Mallya on UK High Court ruling
Tue, Apr 21, 2020
Mallya, promoter of the defunct Kingfisher Airlines, insisted that as per the UK High Court ruling, the allegations against him and others are specifically and only related to three tranches of borrowing from IDBI Bank for a total of Rs 900 crore in 2009, and not what has been reported that he has to face trial in Indian courts for Rs 9,000 crore fraud.
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Court allows banks to use assets seized from Vijay Mallya
Wed, Jan 01, 2020
A special court in Mumbai has permitted a consortium of 15 banks led by the State Bank of India (SBI) to utilise movable assets of former liquor baron Vijay Mallya towards repayment of his debt. #VijayMallya #ZeeBusiness
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Watch: Crowd shouts ‘chor hai’ as Vijay Mallya leaves from the Oval after match
Mon, Jun 10, 2019
Embattled liquor baron Vijay Mallya leaves from the Oval after the match between India and Australia. Vijay Mallya said, "I am making sure my mother doesn't get hurt", as crowd shouts "Chor hai".
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Mallya fails to delay USD 40mn Diageo claim, legal costs mount in UK
Fri, Apr 12, 2019
The delay is at best unexplained and arguably of the defendant's [Mallya] own making. In my view, the claimants [Diageo] are entitled to have their claim progressed expeditiously, Justice Moulder said, concluding that Mallya was the author of its own misfortune.
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Setback for Vijay Mallya! Fugitive liquor baron may soon be extradited to India
Mon, Apr 08, 2019
Vijay Mallya Extradition Case: In yet another setback to fugitive liquor baron Vijay Mallya, a London Court has rejected the plea against his extradition process. News agency PTI has confirmed that Vijay Mallya denied permission to appeal against extradition by UK court.
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