Tribunal allows SBI-led consortium's plea to recover dues from Mallya
According to DRT, over Rs6,203.35 crore is to be recovered from the first four defendants—Kingfisher Airlines Ltd, United Breweries Holdings Ltd, Vijay Mallya and Kingfisher Finvest—with an interest rate of 11.5% from the date of filing the application (2013), media reported.
In March last year, SBI had moved DRT seeking an arrest warrant for Mallya, revoking of passport, details of all Mallya's assets and liabilities and an order to attach the $75 million payout from spirit maker Diageo Plc to Mallya for stepping down as chairman of United Spirits Ltd, media reported.
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