May 27, 2016 at 07:54 | Source: PTI
USL said in 2013-14 "certain parties had claimed that they had advanced certain amounts to certain alleged UB Group entities and that the dues owed by such parties to the company would be paid/refunded by them to the company only on receipt of their dues from such alleged UB Group entities".
May 24, 2016 at 13:52 | Source: PTI
"As you may be aware, Kingfisher Airlines, a group company of UBHL, is in debt to several banks. In this regard, Vijay Mallya, Chairman of UBHL, has made a settlement offer before the Supreme Court to the consortium of banks headed by SBI," the company said in the letter.
May 23, 2016 at 17:00 | Source: PTI
UBHL has sought a month's time to file last fiscal's results citing "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya in theSupreme Court and Debt Recovery Tribunal over the Rs 9,000 crore dues owed by its defunct group firm Kingfisher Airlines to lenders
May 20, 2016 at 20:14 | Source: PTI
A Delhi court asked liquor baron Vijay Mallya to file a proper reply to ED's plea seeking to withdraw the exemption granted to him from personal appearance in a case lodged for allegedly evading summons in connection with purported violation of foreign exchange rules
May 16, 2016 at 17:58 | Source: PTI
Last week, Britain told India that it cannot deport Mallya, who is facing money laundering charges as well as recovery of the Rs 9,400 crore of loans to his defunct Kingfisher Airlines in the country, but could consider an extradition request for him.
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.
May 13, 2016 at 20:08 | Source: PTI
Lenders to the grounded Kingfisher Airlines on May 13 started the process to take physical possession of Kingfisher Villa, which was pledged by beleagueredbusinessman Vijay Mallya to the bankers as collateral for over Rs 7,800-crore loan
May 12, 2016 at 15:40 | Source: PTI
Officials said the Enforcement Directorate (ED) has written to CBI to obtain a Red Corder Notice (RCN) against Mallya from the global police body. CBI acts as the nodal office for execution of Interpol warrants in India.
May 12, 2016 at 11:42 | Source: NEWS18.com
Meanwhile, revenue officials in Goa have allowed the lenders to Kingfisher Airlines to take physical possession of 'Kingfisher Villa' in Candolim. The Villa, valued at Rs 90 crore, used to be Mallya's base in Goa and also the venue of many of the famous parties hosted by him during the `good times'.
May 11, 2016 at 21:30 | Source: PTI
Service Tax Department has deferred the auction of liquor baron Vijay Mallya's private jet to recover Rs 535-crore dues to June 29-30, after just one potential bidder showed interest, an official said.