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  • 38 people named by CBI in bank frauds fled India between Jan 2015 and Dec 2019: FinMin Sep 14, 2020 11:02 PM IST

    38 people named by CBI in bank frauds fled India between Jan 2015 and Dec 2019: FinMin

    The details were provided in response to an unstarred question by Congress leader Dean Kuriakose in Parliament on September 14

  • SC asks Vijay Mallya to appear before it on October 5 in contempt case, dismisses his review plea Aug 31, 2020 08:00 PM IST

    SC asks Vijay Mallya to appear before it on October 5 in contempt case, dismisses his review plea

    Mallya, an accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, is in the United Kingdom

  • Vijay Mallya's United Breweries moves SC, offers to settle Rs 14,000 crore dues: Report Aug 28, 2020 08:02 PM IST

    Vijay Mallya's United Breweries moves SC, offers to settle Rs 14,000 crore dues: Report

    The company moved the Supreme Court against the Karnataka High Court's March 6 order that upheld its February 2017 order directing the winding up of UBHL for recovery of dues payable by Kingfisher Airlines Limited.

  • 5 promoters who left Indian banks high and dry Aug 25, 2020 06:34 PM IST

    5 promoters who left Indian banks high and dry

    Banks have little hope of getting their money back from these businessmen who, after borrowing thousands of crores from these banks and defrauding them, fled the country

  • SC to hear on August 20 Vijay Mallya's review plea on transfer of $40 million to his children Aug 06, 2020 04:16 PM IST

    SC to hear on August 20 Vijay Mallya's review plea on transfer of $40 million to his children

    The apex court had in June directed its registry to explain as to why Mallya's review petition had not been listed before the concerned court for the last three years.

  • Indian banks pursue Vijay Mallya bankruptcy order in UK court Jul 08, 2020 05:13 PM IST

    Indian banks pursue Vijay Mallya bankruptcy order in UK court

    The banks' legal team argued that the assets of United Breweries Holdings Limited (UBHL), being relied on by Mallya as part of a second settlement offer, are “unquestionably under the control of its Official Liquidator” and therefore not available to Mallya or the erstwhile management of UBHL.

  • SC seeks explanation from registry on why Vijay Mallya's review plea not listed for three years Jun 19, 2020 09:15 PM IST

    SC seeks explanation from registry on why Vijay Mallya's review plea not listed for three years

    A bench Justices U U Lalit and Ashok Bhushan, which took up the review petition on June 16, directed the apex court registry to furnish all the details including names of the officials who had dealt with the file concerning the review petition for last three years.

  • India asks UK not to consider any request for asylum by Vijay Mallya Jun 11, 2020 09:06 PM IST

    India asks UK not to consider any request for asylum by Vijay Mallya

    In May, Mallya lost his appeals in the UK Supreme Court against his extradition to India to face money laundering and fraud charges.

  • Vijay Mallya seeks asylum in the UK on humanitarian grounds: Report Jun 09, 2020 10:26 PM IST

    Vijay Mallya seeks asylum in the UK on humanitarian grounds: Report

    The point being made in the case, as per a report, is that the extradition to India could endanger his health.

  • Vijay Mallya saga: Can banks still manage to eke out sizeable recoveries? Jun 05, 2020 02:43 PM IST

    Vijay Mallya saga: Can banks still manage to eke out sizeable recoveries?

    Since Mallya's real estate assets, which include a Mumbai office property, his cars and other personal belongings won't fetch much, banks are pinning their hopes on acquiring Mallya's stake holding in United Spirits and United Breweries.

  • Vijay Mallya's extradition to India being held up by a 'confidential' legal issue: Report Jun 04, 2020 04:58 PM IST

    Vijay Mallya's extradition to India being held up by a 'confidential' legal issue: Report

    No estimate was given of how long resolution of the legal issue will take

  • Is Vijay Mallya being brought to Mumbai? Here's a lowdown on what's in store Jun 03, 2020 09:50 PM IST

    Is Vijay Mallya being brought to Mumbai? Here's a lowdown on what's in store

    On May 14, he lost his final appeal against extradition to India in the United Kingdom's Supreme Court.

  • India in touch with the UK over extradition of Vijay Mallya: MEA May 22, 2020 08:05 AM IST

    India in touch with the UK over extradition of Vijay Mallya: MEA

    "The government of India is in touch with the UK regarding the next steps in his extradition process," External Affairs Ministry Spokesperson Anurag Srivastava said on Thursday.

  • Vijay Mallya loses final appeal against extradition May 14, 2020 03:45 PM IST

    Vijay Mallya loses final appeal against extradition

    He can be extradited in 28 days.

  • Vijay Mallya repeats offer to repay loan, links it to govt’s Rs 20 lakh crore package May 14, 2020 08:35 AM IST

    Vijay Mallya repeats offer to repay loan, links it to govt’s Rs 20 lakh crore package

    While congratulating the Indian government over the Rs 20 lakh crore economic package, Mallya lamented that his repeated offers to repay his dues have been ignored.

  • Vijay Mallya files appeal against extradition order to India May 04, 2020 08:59 PM IST

    Vijay Mallya files appeal against extradition order to India

    The 64-year-old businessman had 14 days to file this application to seek permission to move the higher court on the High Court judgment from April 20, which dismissed his appeal against a Westminster Magistrates' Court extradition order certified by the UK Home Secretary.

  • Technical loan write-off route should not be applied for fugitives: P Chidambaram to govt Apr 29, 2020 02:15 PM IST

    Technical loan write-off route should not be applied for fugitives: P Chidambaram to govt

    His remarks came after Finance Minister Nirmala Sitharaman said that wilful defaulters were beneficiaries of 'phone banking' under the UPA regime and the Modi government is chasing them to recover the dues.

  • Loans worth Rs 68,000cr written off: Wilful defaulters include Mallya, Choksi Apr 28, 2020 03:12 PM IST

    Loans worth Rs 68,000cr written off: Wilful defaulters include Mallya, Choksi

    In the RTI response, the central bank did not, however, disclose information on overseas borrowers. Citing a Supreme Court judgement, it said that the said information is exempted from public disclosure.

  • Disappointed, but will continue legal fight against extradition: Vijay Mallya Apr 21, 2020 09:30 AM IST

    Disappointed, but will continue legal fight against extradition: Vijay Mallya

    The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.

  • Vijay Mallya saga: Endgame for ‘the King of Good Times’ but what next for his lenders? Apr 21, 2020 09:01 AM IST

    Vijay Mallya saga: Endgame for ‘the King of Good Times’ but what next for his lenders?

    Mallya's holding in United Breweries is 11.04 percent which has a value Rs 2,696 crore and that of United Spirits (1.52 percent) at Rs 582 crore. In total, if banks manage to sell these share holdings on April 20, banks would get Rs 3,278 crore.​ But selling these shares and recovering money isn’t that easy.

  • Tale of two men: Even as Vijay Mallya is forced back to India, Naresh Goyal looks for a way out Apr 20, 2020 07:29 PM IST

    Tale of two men: Even as Vijay Mallya is forced back to India, Naresh Goyal looks for a way out

    The two entrepreneurs started off their careers from two different worlds. But now find themselves in similar circumstances

  • Vijay Mallya loses appeal against extradition in UK court: What is the way ahead? Apr 20, 2020 07:02 PM IST

    Vijay Mallya loses appeal against extradition in UK court: What is the way ahead?

    Mallya now has 14 days’ time to apply for a certificate from the High Court that would state that an arguable point of law of general public importance was overlooked by both courts that heard his appeal

  • Vijay Mallya's extradition: Revisiting his Arthur Road jail cell details Apr 20, 2020 05:56 PM IST

    Vijay Mallya's extradition: Revisiting his Arthur Road jail cell details

    Bollywood actor Sanjay Dutt was housed here when he served his sentence.

  • UK court dismisses Vijay Mallya’s appeal against 2018 extradition order Apr 20, 2020 03:33 PM IST

    UK court dismisses Vijay Mallya’s appeal against 2018 extradition order

    Mallya had appealed against a 2018 decision that allowed his extradition to India.

  • Vijay Mallya gets bankruptcy reprieve from UK High Court Apr 10, 2020 07:20 AM IST

    Vijay Mallya gets bankruptcy reprieve from UK High Court

    Justice Michael Briggs of the insolvency division of the High Court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka High Court be determined, allowing him time to repay his debts to the banks in full.

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