A day after the UK High Court in London rejected embattled businessman Vijay Mallya's appeal against extradition, the Enforcement Directorate (ED) on Tuesday said that it was hopeful of getting the custody of the former Kingfisher Airlines chairman once he is extradited to India.
Mallya is wanted in India to face charges of financial offences amounting to Rs 9,000 crore borrowed by his now-defunct Kingfisher Airlines (KFA) from several Indian banks.
Fugitive liquor baron Vijay Mallya on Tuesday urged the government to help in sending all the employees of Kingfisher home as the company has stopped all operations.
Vijay Mallya took to Twitter to troll RCB after the franchise launched its new logo on Friday.
Liquor tycoon Vijay Mallya, who is accused of owing over Rs 9,000 crore to Indian banks and challenged his extradition in a London Court, has once again asked the Indian banks to take back 100 per cent of the principal amount owed to them.
Vijay Mallya, who is accused of owing over Rs 9,000 crore to Indian banks and has challenged his extradition once again asked the Indian banks to take back 100 per cent of the principal amount owed to them.
Liquor tycoon Vijay Mallya appeared before the Royal Courts of Justice in London on Wednesday for day two of his High Court appeal against being extradited to India, during which the prosecution highlighted "overwhelming evidence of dishonesty” on the part of the former Kingfisher Airlines boss.
A special court here 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.
Nissan’s former Chairman Carlos Ghosn has escaped to Lebanon amid financial misconduct allegations during his tenure leading the automaker, akin to India's liquor baron Vijay Mallya.
Twelve Indian banks have demanded that Vijay Mallya be declared bankrupt for failing to clear his debt. Mallya reportedly owns properties worth millions of pounds in the UK
The Kingfisher House -- the erstwhile headquarters of the defunct Kingfisher Airlines Ltd. (KAL) - owned by absconding liquor baron Vijay Mallya, will be up for auction again. The 8th time in barely three years.
The CBI claimed investigation of cases filed against Mallya is at a crucial stage in the London High Court and parting information at this stage would impede the probe, hence it should be exempted under Section 8(1)(h) of the RTI Act.
The 63-year-old former Kingfisher Airlines boss, fighting extradition to India in relation of fraud and money laundering allegations arising out of the debt acquired from the banks, quoted finance minister Nirmala Sitharaman's Lok Sabha statement from last week in his latest offer.
Siddhartha, the son-in-law of BJP leader SM Krishna, was under the scanner of the income tax department and Enforcement Directorate for alleged irregularities in his association with information technology company Mindtree Ltd.
The Supreme Court Monday agreed to hear on Friday the plea of fugitive economic offender Vijay Mallya challenging the confiscation of properties belonging to the companies owned by him and his family members.
Two superyachts, a game reserve, numerous undeclared high-value and vintage cars, valuable paintings and a piano previously owned by Elton John are among the assets in contention as part of a latest legal claim by Indian banks against embattled liquor tycoon Vijay Mallya in the UK High Court on Monday.
India on Thursday said its commitment to extradite embattled liquor tycoon Vijay Mallya is very strong and it will put in all efforts to bring him back from the UK.
Fugitive businessman Vijay Mallya, who is wanted for recovery of Rs 9000 crore, is currently in UK. Bombay High Court has refused to give relief to Mallya as it dismissed his plea to stop confiscation of his properties.
Vijay Mallya Extradition Hearing: Vijay Mallya's hearing at UK High Court has begun. Mallya is seeking permission to appeal against an extradition order signed off by UK home secretary Sajid Javid for him to be extradited to India to face alleged fraud and money laundering charges amounting to Rs 9,000 crores. Follow live updates here.
The beleaguered public sector Punjab National Bank (PNB) has admitted to 1,142 big and small defaulters all over India who have defaulted a stupendous Rs 25,090.3 crore.
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