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Not liable to repay Rs 6,000 crore debt due to breach of terms: Kingfisher Airlines

Not liable to repay Rs 6,000 crore debt due to breach of terms: Kingfisher Airlines

The Kingfisher Airlines Limited, a holding company of Vijay Mallya, Monday said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.

SC issues notice to Vijay Mallya for not disclosing assets

SC issues notice to Vijay Mallya for not disclosing assets

The Supreme Court on Monday issued notice to Vijay Mallya on plea seeking contempt proceedings against him alleging that he has not given full details of his assets.

Vijay Mallya's 8 luxury cars to be auctioned for Rs 14 lakh

Vijay Mallya's 8 luxury cars to be auctioned for Rs 14 lakh

Beleaguered businessman Vijay Mallya's 8 luxury cares will be auction by public lender SBI on August 25.

Court to hear chaque bounce case against Vijay Mallya on August 6

Court to hear chaque bounce case against Vijay Mallya on August 6

A Delhi court Sunday fixed August 6 for hearing a cheque bounce case against liquor baron Vijay Mallya by Delhi International Airport Ltd (DIAL).

More trouble for Vijay Mallya: Court issues non-bailable warrant in cheque bouncing case

More trouble for Vijay Mallya: Court issues non-bailable warrant in cheque bouncing case

In more trouble for the promoter of defunct Kingfisher Airlines, Vijay Mallya, a metropolitan court in suburban Andheri here on Saturday issued a non bailable warrant against him in a case of cheque bouncing filed by the Airports Authority of India (AAI).

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines: HC told

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines: HC told

Liquor baron Vijay Mallya was not involved in day-to-day affairs of Kingfisher Airlines (KFA) and cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court today.

DRT dismisses plea of Kingfisher Airlines for amending its reply

DRT dismisses plea of Kingfisher Airlines for amending its reply

The Debt Recovery Tribunal today dismissed an application by Kingfisher Airlines seeking an amendment to its earlier reply on the original application (OA) filed by a consortium of banks in the Vijay Mallya bank loan default case and demanding Rs 3,000 crore toward losses suffered by it.

Life must go on, says Vijay Mallya in rare public appearance

Life must go on, says Vijay Mallya in rare public appearance

Embattled Indian business tycoon Vijay Mallya, declared a proclaimed offender by a Mumbai court in a money laundering case, on Friday said that "life must go on" as he made a rare public appearance on the Formula 1 racing track here.

Vijay Mallya default case: DRT to pass order on Kingfisher Airlines application today

Vijay Mallya default case: DRT to pass order on Kingfisher Airlines application today

The Debt Recovery Tribunal may pass orders Thursday on an application by Kingfisher Airlines seeking amendment to its earlier written reply in response to the original application (OA) filed by a consortium of banks in the Vijay Mallya case.

Vijay Mallya cheque bounce cases: Court adjourns order on quantum of punishment till Aug 4

Vijay Mallya cheque bounce cases: Court adjourns order on quantum of punishment till Aug 4

The order on the quantum of punishment was adjourned for the fourth time as Mallya was not present in the court which posted the matter to August 4 as the complainant also did not appear before the magistrate.

Cheque bounce case: Court to pronounce order on quantum of sentence for Vijay Mallya today

Cheque bounce case: Court to pronounce order on quantum of sentence for Vijay Mallya today

A local Hyderabad court on Tuesday will pronounce its order on two cheque bounce cases filed against beleaguered industrialist Vijay Mallya and Kingfisher Airlines by GMR Hyderabad International Airport Ltd.

SBI ready for one-time settlement on Kingfisher Airlines loan; Mallya stumbles

SBI ready for one-time settlement on Kingfisher Airlines loan; Mallya stumbles

Zee Media Bureau

Mumbai: State Bank of India is open to reaching one-time settlement on the payback of loan Kingfisher Airlines if Vijay Mallya repays the principal along with a reasonable amount of interest.

Court orders Vijay Mallya to appear on July 29

Court orders Vijay Mallya to appear on July 29

A Mumbai Special Court on Wednesday ordered Vijay Mallya, head of the defunct Kingfisher Airlines, to appear before it on July 29 regarding money laundering cases filed against him.

Vijay Mallya case: HC stays for 3 months DRT order issuing demand notice to UBHL

Vijay Mallya case: HC stays for 3 months DRT order issuing demand notice to UBHL

The Karnataka High Court has stayed for three months the Debt Recovery Tribunal's order issuing a demand notice to Vijay Mallya-owned United Breweries Holdings Limited (UBHL) and Kingfisher Airlines to pay Rs 192 crore on an application by three banks.

Mallya case: Dutch beer major files application before DRT

Dutch beer major Heineken has filed an application before the Debt Recovery Tribunal seeking to be impleaded in the Vijay Mallya case.

Punjab National Bank declares list of 913 wilful defaulters; Kingfisher Airlines owes Rs 597.44 cr

Punjab National Bank declares list of 913 wilful defaulters; Kingfisher Airlines owes Rs 597.44 cr

The large wilful defaulters, according to the list published by PNB, include embattled businessman Vijay Mallya's Kingfisher Airlines with an outstanding of Rs 597.44 crore.

Mumbai PMLA court declared Mallya an escapee

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Big setback for Vijay Mallya: Special PMLA court declares him proclaimed offender

Big setback for Vijay Mallya: Special PMLA court declares him proclaimed offender

A special PMLA court in Mumbai on Tuesday declared liquor baron Vijay Mallya a proclaimed offender in connection with its money laundering probe against him in an alleged bank loan fraud case.

Vijay Mallya case: DRT to take up 7 IAs for final hearing

Vijay Mallya case: DRT to take up 7 IAs for final hearing

DRT Presiding Officer C R Benakahanahalli Monday said the tribunal will take up at least seven Interlocutory Applications, including three IAs filed by Kingfisher Finvest India Private Limited, for final hearing from tomorrow in the Vijay Mallya case.