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Vijay Mallya loan default News

10 Dec 2018

Vijay Mallya will be extradited to India, rules UK Westminster's Court

Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

10 Dec 2018

Vijay Mallya in court for extradition case; says his offer to banks not bogus

Chief Magistrate Judge Emma Arbuthnot is expected to give her verdict on whether Mallya can be extradited to India to stand trial on the charges brought by the CBI and ED.

22 Nov 2018

Mallya faces setback in case to save London home

The bank has sought repossession of the property at Cornwall Terrace, overlooking Regent's Park in central London, over the non-payment of a 20.4-million pounds mortgage loan.

27 Jun 2018

Vijay Mallya claims he has honestly tried to repay bank loans since 2016

The tweets come a day after the fugitive liquor baron broke his silence over the controversy of defaulting on bank loans to the tune of Rs 9000 crores.

26 Jun 2018

Vijay Mallya's letter to PM Narendra Modi: Read full text

Mallya, in his letter said that he has become the "Poster Boy" of bank default and a lightning rod of public anger.

26 Jun 2018

I've become poster boy of bank default: Vijay Mallya

Mallya is currently fighting against extradition to India from the UK.

05 Nov 2017

UK court hearing Vijay Mallya case rejects 2 Indian extradition requests

Besides Mallya, there are now five Indian extradition requests pending in UK courts.

10 Mar 2017

Ready to negotiate with banks to pay a one-time settlement charge on loan default: Mallya

Vijay Mallya took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.

09 Mar 2017

Seeking deportation of Mallya from UK to India: AG Rohatgi tells SC

Atorney General Mukul Rohatgi has told the Supreme Court that the government is seeking deportation of liquor baron Vijay Mallya from the UK to India.

09 Mar 2017

Did you truthfully disclose your assets or not? SC asks Mallya

The Supreme Court has asked liquor baron Vijay Mallya whether he truthfully disclosed his assets to it or not.

19 Jan 2017

Vijay Mallya loan default case: DRT allows bankers to start proceedings to recover debt

The Debt Recovery Tribunal allowed bankers to start proceedings to recover Rs 6,203 cr debt from beleaguered liquor baron Vijay Mallya.

11 Jan 2017

Vijay Mallya seeks 3 weeks time to file reply over deposit of $40 million Diageo payment to his children

Vijay Mallya has sought 3 weeks time to file reply to SBI led consortium of banks who sought deposit of amount of 40 million dollars before the Supreme Court.

Auction of Kingfisher Villa

19 Oct 2016

Kingfisher Villa to go under the hammer today; price set at Rs 85.29 crore

The 17-lender consortium led by State Bank of India will auction the Kingfisher Villa, the sea-facing plush property once-owned by the beleaguered Vijay Mallya in Goa.

04 Oct 2016

SC to hear banks' plea against Vijay Mallya in loan default case today

The consortium of banks had approached the apex court seeking its intervention in bringing back Mallya to India and also the repayment of money which the beleaguered businessman had taken.

09 Jun 2016

CBI forms SIT to probe corruption cases including AgustaWestland, loan default by Vijay Mallya

The CBI on Thursday constituted a Special Investigation Team to probe into the alleged corruption in the AgustaWestland VVIP chopper bribery scam and the loan default by liquor baron Vijay Mallya.

24 May 2016

Vijay Mallya frauded the buying of Whye & Mackey in loan taking process

15 Apr 2016

Big blow to Vijay Mallya; government suspends his passport on ED's request

In what could give a big blow to liquor baron Vijay Mallya, his passport was on Friday suspended on the request of Enforcement Directorate (ED).

31 Mar 2016

Vijay Mallya has retweeted something! What angle do you see in it?

Beleaguered businessman Vijay Mallya has been retweeting a lot lately –from birthday messages, to matches, to parties –you will see a lot of things being retweeted.

30 Mar 2016

Rs 4000 Crore By September: Vijay Mallya's Offer to banks

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30 Mar 2016

Vijay Mallya favours settlement, offers to repay Rs 4,000 crore of defunct airline loans to banks

Liquor baron Vijay Mallya on Wednesday expressed willingness in Supreme Court for a settlement by offering a proposal to pay back Rs 4,000 crore by September this year.

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