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Total 607 results found. Search for [ Kingfisher debt ]

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December 19, 2020
At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK

October 26, 2020
SBI senior counsel Mukul Rohatgi, informed the apex court that Mallya is facing bankruptcy proceedings in the UK, besides extradition proceedings

September 1, 2020
The top court also rejected his appeal seeking review of the 2017 ruling which held him guilty of contempt for transferring $40 million to his children's accounts in contravention of court orders

Nevin John
New Delhi, April 28, 2020
Companies with low financial liabilities and high liquidity on their books have better chance to tide over the coronavirus-triggered deep slowdown

April 21, 2020
The banks have already recovered in cash a sum of Rs 2,500 crores, which is 50 per cent of the principal amount, Mallya wrote in another tweet

New Delhi, April 10, 2020
he London court adjourned the petition and allowed sufficient time for Mallya's petitions in the Supreme Court as well as his settlement proposal before the Karnataka High Court to be determined

Mehak Agarwal
New Delhi, March 9, 2020
Even though YES Bank collapsed because of high non-performing assets (NPAs), Rana Kapoor was once known for his unmatched ability to recover every penny lent to the most shrewd and dubious clients, which also earned him the title of the 'lender of the last resort'

February 12, 2020
Vijay Mallya extradition case: Liqour baron Vijay Mallya seems to have got another lease of life after his lawyers claimed in the UK's Royal Court of Justice that his extradition order was full of \"multiple errors\". Mallya avoided media interaction and said \"I'm here to listen\"

February 10, 2020
The Royal Courts of Justice in London will hear the appeal against a magistrates' court extradition order, signed off by former UK Home Secretary Sajid Javid in February last year

Nevin John
Mumbai, February 10, 2020
The minor promoter stakes in these two liquor manufacturing companies that are still in the name of Vijay Mallya and his companies are valued at Rs 4,526 crore, according to the Monday share prices

New Delhi, January 6, 2020
A UK court last month had reserved its judgement on a plea by a consortium of Indian public sector banks led by State Bank of India (SBI), seeking a bankruptcy order against Mallya as part of efforts to recoup around 1.145 billion pounds in unpaid loans

Anand Adhikari
Mumbai, December 20, 2019
These are cases where SBI suspects borrowers have not paid up despite having money, have diverted bank funds for purposes other than stated initially, have siphoned off funds, or have disposed of charged assets bought from the bank funds

New Delhi, December 12, 2019
Verdict in the case is now expected only in the New Year, when the judge could either dismiss the petition and find in favour of the 63-year-old businessman or adjourn the case until the UB Group chief's latest settlement offer is decided upon by the Indian courts

New Delhi, August 8, 2019
Article 370 fallout: Pakistan suspends bilateral trade with India, expels envoyA day after Indian government scrapped Article 370, which gave special status to Jammu and Kashmir, Pakistan on Wednesday said that it will be downgrading diplomatic relations with India. It has said that it will be expelling the Indian High Commissioner and suspending bilateral trade with New Delhi.Auto firms seek tax cuts, easier finance access to revive salesIndia's auto industry demanded tax cuts an...

August 7, 2019
In his latest offer, Vijay Mallya quoted finance minister Nirmala Sitharaman's Lok Sabha statement from last week that business failures should not be tabooed

July 31, 2019

New Delhi, July 29, 2019
The ED, which is probing Vijay Mallya under the Prevention of Money Laundering Act (PMLA), has revealed that UBHL was holding 10.72% shares of United Breweries and was exporting Kingfisher beer and shoes manufactured by United Breweries International Trading Limited

New Delhi, July 23, 2019
The consortium of PSU banks led by SBI has been pursuing Mallya in their attempt to recover some of the funds owed to them under a 1.145 billion pounds worldwide freezing order

New Delhi, July 19, 2019
The appeal hearing has been listed on 11 February 2020 with a time estimate of three days, a UK High Court official said.

New Delhi, July 3, 2019
\"Despite the good Court result for me today, I once again repeat my offer to pay back the Banks that lent money to Kingfisher Airlines in full. Please take the money,\" says Vijay Mallya

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