New Delhi/IBNS: In a big breakthrough in recovering the amount of money allegedly defrauded, a part of seized assets of three fugitive businessmen, Vijay Mallya, Nirav Modi and Mehul Choksi, has been transferred to state-run banks by the Enforcement Directorate (ED).
London/IBNS: The High Court in London has upheld an application of a consortium of Indian banks led by the State Bank of India (SBI), seeking amendment in their bankruptcy petition, for waiving off their security on Vijay Mallaya's assets in India, said media reports.
New Delhi/IBNS: Legal complications, which cannot be revealed due to their confidential nature, involving the extradition of fugitive business tycoon Vijay Mallya from the United Kingdom (UK), are delaying his extradition to India, the ministry of external affairs has said in a Supreme Court filing, said media reports.
New Delhi/IBNS: Fugitive Indian businessman Vijay Mallya's extradition to India is being stalled due to "confidential legal issue", the Ministry of External Affairs (MEA) said on Thursday.
New Delhi/IBNS: India has requested the United Kingdom to not consider asylum for fugitive business tycoon Vijay Mallya as per his plea, the Ministry of External Affairs (MEA) said on Thursday.
London/IBNS: The England and Wales High Court on Monday dismissed fugitive businessman Vijay Mallya's appeal against his extradition to India, media reports said.
London/UNI: The High Court in London has deferred a hearing on a petition filed by the SBI-led Consortium of Indian Banks, seeking to declare the debtor bankrupt and recover loan debts from him, amounting to around Rs 108.6 crore.
New Delhi/IBNS: As many as 12 state-owned banks have petitioned in a London court to declare ex-billionaire Vijay Mallya bankrupt with over 1.15 million pounds in unpaid debts, according to reports.
London, Jul 2 (UNI): Liquor baron Vijay Mallya on Tuesday got a breather when the Royal Courts of Justice here approved his plea to appeal against extradition to India where is facing fraud charges.
London, June 9 (IBNS): Fugitive Indian businessman Vijay Mallya was seen at The Oval today where India is playing against Australia in the ongoing Cricket World Cup.
London, Apr 17 (IBNS): Fugitive Indian business baron Vijay Mallya has said the Indian government used Rs 35,000 crore to bail out Air India but is not doing anything for Jet Airways now, which is "on the brink of failure".
London, Apr 8 (IBNS): In a major development, a judge in the appeals court of the high court on Monday rejected fugitive Indian liquor baron Vijay Mallya's written appeal against an extradition order.
New Delhi, Feb 14 (UNI) In quite an unusual but assertive note, fugitive business magnate Vijay Mallya on Thursday sought to join issue with Prime Minister Narendra Modi and wondered why the latter was "not instructing" banks to take the money he (Mallya) has offered to pay back.
New Delhi, Feb 4 (IBNS): Fugitive liquor baron Vijay Mallya has said he will appeal against the order of his extradition to India.
New Delhi, Feb 4 (IBNS): Fugitive liquor baron Vijay Mallya will be extradited to India to face trial for defaulting of loans and money syphoning.