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Vijay Mallya Case: DRT reserves order on banks plea for dues recovery

Vijay Mallya Case: DRT reserves order on banks plea for dues recovery

The Debt Recovery Tribunal here has reserved its order on the pleas of SBI-led consortium of banks for recovery of over Rs 9,000 crore from beleaguered liquor baron Vijay Mallya in the Kingfisher Airlines case.

VIJAY MALLYA – India's runaway corporate honcho

VIJAY MALLYA – India's runaway corporate honcho

In early March, liquor baron Vijay Mallya, facing probe amid continuing efforts by banks to recover dues totalling over Rs 9,000 crore of unpaid loans and interest from him, managed to leave the country in spite of a look-out notice against him by CBI.

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

A consortium of 17-banks will once again be auctioning plush properties of beleaguered liquor baron Vijay Mallya - Kingfisher House in the city and Kingfisher Villa in north Goa - this week at lower reserve prices compared to the previous 3 auctions. 

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

The plush sea-facing Kingfisher Villa at Condolim in north Goa will once again be put up for auction on December 22 as decided by the lenders to the now defunct Kingfisher Airlines.

Kingfisher House goes on sale 3rd time, reserve price down 15%

The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15 per cent reduction in the reserve price.

Vijay Mallya files plea for recalling contempt order

Vijay Mallya files plea for recalling contempt order

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors and Kingfisher Airlines are among the four companies that owe over Rs 1,000 crore in indirect taxes to the exchequer, Parliament was informed on Friday.

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

The Supreme Court will hear the detailed affidavit about the assets of liquor baron Vijay Mallya on Thursday.

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

India expects early extradition of industrialist Vijay Mallya from the UK to face probe in the money laundering case against him after the two countries on Monday agreed not to allow fugitives and criminals escape law and resolved to facilitate outstanding extradition requests.

Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

The court also told Mallya to disclose what he did with USD 40 million he had received from Diageo.

 

SC to hear banks' plea against Vijay Mallya today

SC to hear banks' plea against Vijay Mallya today

The Supreme Court on Tuesday will hear the plea filed by SBI-led consortium of banks against beleaguered businessman Vijay Mallya for recovery of more than Rs 6,000 crore from him.

Vijay Mallya case: Debt Recovery Tribunal raps banks for casual approach

Vijay Mallya case: Debt Recovery Tribunal raps banks for casual approach

Terming GoAir and Indigo as "innocent" third parties, the Debt Recovery Tribunal has rapped banks for filing interim applications in a "casual and routine manner" to make them party to the Vijay Mallya case.

Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24

Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24

In a case involved with alleged violation of an undertaking given by beleaguered liquor baron Vijay Mallya, Karnataka High Court summoned him on Thursday. Mallya and his companies had earlier provided an undertaking to not transfer their equity shares in United Breweries to Diageo Plc.

Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder

Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder

The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.

 Vijay Mallya bets on judiciary for relief from criminal cases

Vijay Mallya bets on judiciary for relief from criminal cases

A defiant liquor baron Vijaya Mallya on Thursday asserted that he would get judicial relief soon from criminal charges filed against him by a consortium of banks for defaulting on loans his defunct airline raised.
 

'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya

'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya

Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.

Vijay Mallya made UBHL Principal Officer, monitoring ops from London

Vijay Mallya made UBHL Principal Officer, monitoring ops from London

 Embattled tycoon Vijay Mallya, who is in London avoiding court summons here, has been made Principal Officer of United Breweries (Holdings) Ltd (UBHL) in the absence of a Managing Director and is 'monitoring' the operations of the company from the UK.

Loan default case: SC to hear banks' plea against Vijay Mallya today

Loan default case: SC to hear banks' plea against Vijay Mallya today

The Supreme Court on Tuesday will hear the plea of the State Bank of India-led consortium of 17 banks against liquor baron and Kingfisher chairman Vijay Mallya for bringing him back to India in connection with a loan defaulting case.

 

Vijay Mallya's plane: HC paves way for fresh auction

Vijay Mallya's plane: HC paves way for fresh auction

The Bombay High Court on Monday allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.

Mallya cheque bounce cases: Court sends Kingfisher official Raghunathan to 18-month jail

Mallya cheque bounce cases: Court sends Kingfisher official Raghunathan to 18-month jail

A local Hyderabad court on Thursday sentenced Kingfisher official A Raghunathan to 18-month imprisonment in cheque bounce cases involving Vijay Mallya.