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Vijay Mallya loan News

07 Dec 2018

SC notice to ED on Mallya's plea against fugitive economic offende proceedings

The ED moved the special court seeking to declare the London based industrialist a fugitive economic offender under the Fugitive Economic Offender Act 2018.

05 Dec 2018

Ready to repay 100% principal amount to banks, please take it: Mallya

Mallya said that he should be given a hearing and a fair treatment.

22 Nov 2018

HC rejects Vijay Mallya's plea to not list him as fugitive economic offender

The Enforcement Directorate wants Mallya to be declared as a fugitive economic offender and his properties to be confiscated under the act.

14 Jul 2017

Will proceed against Mallya only in his presence: SC to Centre

The Supreme Court on Friday told the government that it would proceed against beleaguered businessman Vijay Mallya, who has been held guilty of contempt, only when he is produced before it.

22 Feb 2017

Vijay Mallya appears in UK for launch of F1 car

Fugitive Mallya has been on the radar of the Indian agencies for a long time now and the government has been in talks with the UK government for his extradition over charges of multi-crore loan default by a consortium of Indian banks.

31 Jan 2017

Loan to Vijay Mallya: Congress defends ex-PM Manmohan Singh, asks Modi govt to provide evidence

Congress came out openly in support of former Prime Minister Manmohan Singh following allegations that UPA regime felicitated loans to Vijay Mallya's now defunct Kingfisher Airlines.

23 Jan 2017

Vijay Mallya loan case: CBI arrests eight officials of Kingfisher Airlines and IDBI Bank

The CBI on Monday four former executives of IDBI Bank including a former chairman of the bank in the alleged money laundering case involving beleaguered businessman Vijay Mallya.

16 Nov 2016

Vijay Mallya loan not waived off, we are pursuing it: FM Arun Jaitley

Finance Minister Arun Jaitley referred to the Mallya loan issue as a "terrible legacy" which the NDA government had inherited from UPA.

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.

Bombay High Court

19 Sep 2016

Vijay Mallya flew away just like 'Kingfisher' bird: Bombay High Court

Vijay Mallya, Chairman of the now-defunct Kingfisher Airlines, is facing action after defaulting on over Rs 9,000-crore loan from 17 banks.

Mallya attachment notice

12 Sep 2016

Third attachment notice can be issued by ED against Vijay Mallya

20 Jul 2016

Why the witch hunt, come to London to interview me: Vijay Mallya to Indian authorities

The UB Group chairman, who is being chased in connection with an alleged debt of around USD 1.4-billion linked to the collapsed Kingfisher Airlines, has been based in the UK since March this year.

25 May 2016

Vijay Mallya cheque bounce case adjourned till June 6

A Hyderabad local court on Wednesday adjourned the Vijay Mallya cheque bounce matter to June 6.

24 May 2016

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

18 May 2016

Vijay Mallya hurt the system, his own class of businesses: Arun Jaitley

Finance Minister Arun Jaitley has said that absconding liqour baron Vijay Mallya has hurt the system as well as his own class of businesses.

17 May 2016

Vijay Mallya loan settlement case: Banks seek govt cover to clinch deal

Banks in India have expressed their willingness to settle the loan deal with absconding liquor baron Vijay Mallya provided there is a government cover to it

12 May 2016

Why has government long been pardoning Mallya irrespective of huge loan?

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

11 May 2016

Mallya cannot be deported; extradition after charge sheet

Government had cancelled Mallya's passport weeks after he flew first-class to London on March 2. Public sector banks had also knocked on the doors of the Supreme Court to recover the loans.

11 May 2016

Vijay Mallya deportation: Jaitley says not surprised by UK's stand

Finance Minister Arun Jaitley said that he is not surprised by the UK government's stand on liquor baron Vijay Mallya's deportation.

11 May 2016

Setback for Indian government! UK declines Vijay Mallya's deportation

The MEA quoted the UK government saying that it recognises the seriousness of allegations made against the liquor baron and will fully cooperate with government of India.

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