Vijay Mallya applies for ‘another route’ to stay in UK, says his lawyer
LONDON: Vijay Mallya, who is due to be extradited to India, has applied for “another route” to be able to stay in the UK, the embattled liquor tycoon’s barrister representing him in bankruptcy proceedings in the High Court here confirmed in the court for the first time. The 65-year-old businessman, whose legal challenge to the […]
SBI-led consortium pursue UK bankruptcy order against Vijay Mallya
NEW DELHI: 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 […]
Vijay Mallya can’t be extradited till resolution of secret legal matter
NEW DELHI: The UK has conveyed to India that fugitive businessman Vijay Mallya cannot be extradited till the resolution of a “secret legal” matter, the Ministry of External Affairs said on Thursday. India has been pressing the UK to extradite Mallya after he lost his appeals in the British Supreme Court in May against his […]
India asks UK not to consider any asylum requests from Vijay Mallya
NEW DELHI:India on Thursday said it has asked the UK not to consider any request for asylum by fugitive businessman Vijay Mallya as there appeared to be no ground for his persecution in the country. Last week, the UK government indicated that Mallya is unlikely to be extradited to India anytime soon, saying there is […]
The decorated CBI officer who brought Vijay Mallya down
NEW DELHI: Painstaking and meticulous investigation and countless visits to London by CBI officer Suman Kumar finally bore fruit after three long years in the bank fraud case against flamboyant businessman Vijay Mallya. Mallya, the high-flying owner of now-defunct Kingfisher Airlines, on Thursday lost his application seeking leave to appeal his extradition to India in […]
Vijay Mallya loses leave to appeal in UK Supreme Court, faces extradition
NEW DELHI: Vijay Mallya on Thursday lost his application seeking leave to appeal in the UK Supreme Court, in a setback for the embattled liquor tycoon who last month lost his High Court appeal against an extradition order to India on charges of fraud and money laundering related to unrecovered loans to his now-defunct Kingfisher […]
Disappointed, but will continue legal fight against extradition: Vijay Mallya
By Aditi Khanna LONDON: Embattled liquor baron Vijay Mallya, who lost his UK High Court appeal against an extradition order to India, has said that he is “disappointed” with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly […]
Indian tycoon Vijay Mallya loses appeals against extradition from Britain
LONDON:Indian businessman Vijay Mallya lost an appeal in Britain’s High Court on Monday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines. India wants to bring back Mallya, 64, whose business interests have ranged from aviation to liquor, over $1.4 billion […]
Vijay Mallya gets bankruptcy reprieve from UK High Court
NEW DELHI: In a relief to Liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around GBP 1.145 billion from him. Justice Michael Briggs of the insolvency […]
Vijay Mallya repeats offer of 100% loan payback, quotes FM on business failures
NEW DELHI: Embattled liquor tycoon Vijay Mallya, whose social media interventions against the Indian government are a regular occurrence, took to Twitter once again to repeat his 100 per cent loan payback offer to the public sector banks in India. The 63-year-old former Kingfisher Airlines boss, fighting extradition to India in relation of fraud and […]
Vijay Mallya’s UK High Court extradition appeal to be heard in February 2020
LONDON: Embattled liquor tycoon Vijay Mallya’s appeal in the UK High Court against his extradition order has been listed for a three-day hearing from February 11 next year, the UK court said on Thursday. The 63-year-old former Kingfisher Airlines boss had won a reprieve earlier this month when a two-judge panel at the Royal Courts […]
Vijay Mallya repeats offer of 100 per cent payback for Indian banks
By Aditi Khanna LONDON: Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a “100 per cent payback” for state-owned Indian banks to cover his now-defunct Kingfisher Airlines’ debt. The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his […]
Fugitive liquor tycoon Vijay Mallya offers to return 100% of public money
NEW DELHI: Fugitive liquor tycoon Vijay Mallya on Wednesday said his extradition from the UK to India will take its own legal course, while offering to pay back 100 per cent of “public money”. Mallya, who has been fighting a legal battle against his extradition to India, claimed that he has been falsely dubbed as […]
Vijay Mallya faces setback in case to save London home
LONDON: Embattled liquor tycoon Vijay Mallya on Wednesday faced a setback in his battle to save his posh London home from foreclosure by Swiss bank UBS after the UK High Court rejected many of the arguments relied on by his legal team. The bank has sought repossession of the property at Cornwall Terrace, overlooking Regent’s […]
PMLA tribunal asks ED to maintain status quo on properties of Vijay Mallya
NEW DELHI: The appellate tribunal against money laundering on Wednesday directed Enforcement Directorate (ED) to maintain “status quo” with regard to the properties of fugitive liquor baron Vijay Mallya till 26 November. Justice Manmohan Singh, chairman of Appellate Tribunal on Prevention of Money Laundering Act, restrained Mallya from dealing with his movable and immovable properties […]
CBI charge sheet against Vijay Mallya likely in a month, bank officials may be included
NEW DELHI: Many senior bank officials who had dealt with loans given to liquor baron Vijay Mallya’s Kingfisher Airlines may be named as accused in a CBI charge sheet which is likely to be filed within a month, sources said. This would be first charge sheet in the case pertaining to loans of over Rs […]