Nov 25, 2016 at 09:15 | Source: Moneycontrol.com
Once known as 'king of good times', Vijay Mallya told the Supreme Court (SC) that it is unfair to project him as the poster boy of non-performing assets (NPAs). With the commercial failure of Kingfisher Airlines, Mallya is having troubled times with banks who are after his return to India as he has dues to settle of over Rs 9,000 crore.
Nov 16, 2016 at 18:28 | Source: PTI
Finance Minister Arun Jaitley asked opposition members in the Rajya Sabha not to go by the literal meaning of write-off.
Nov 08, 2016 at 09:08 | Source: PTI
The villa was owned by United Breweries Holdings, one of the Mallya group companies, and mortgaged by the now-grounded Kingfisher Airlines (KFA) to the consortium of banks to secure loans in 2010.
Sep 22, 2016 at 16:00 | Source: PTI
Third Special Court Magistrate M Krishna Rao also imposed Rs 20,000 fine in each case on Raghunathan after the latter appeared before the court.
Aug 26, 2016 at 07:48 | Source: PTI
Banks also had put on the block some of the moveable assets of the company worth Rs 13.70 lakh lying at the Kingfisher House, for which, too, no bidders came forward.
Aug 24, 2016 at 19:32 | Source: PTI
In their second attempt at recovering a part of the dues of over Rs 9,000 crore from now defunct Kingfisher Airlines, lenders will re-auction the airlines' trademarks, including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' tomorrow, but at a lower reserve price of Rs 330.03 crore.
Jul 25, 2016 at 20:58 | Source: PTI
The Kingfisher Airlines Limited, a holding company of Vijay Mallya, today said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.
Jul 15, 2016 at 19:00 | Source: PTI
The submission was made before a bench of Justice P S Teji where Mallya's counsel sought setting aside of trial court orders summoning him as an accused in the cheque bounce cases by citing that there was a full-time CEO.
May 15, 2016 at 13:16 | Source: PTI
Expanding its money laundering probe into L'affaire Mallya, the Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-grounded air carrier and its top executives.
Apr 22, 2016 at 16:57 | Source: CNBC-TV18
SFIO is believed to have doubts that the lease amount was inflated on the books of KFA and has asked the Directorate General of Civil Aviation (DGCA) to submit related lease rental documents, sources say.