Kingfisher Airlines

The Supreme Court reserved verdict on quantum of sentence against fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case

Supreme Court adjourned till Thursday hearing a plea related to the appearance of fugitive Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving defunct Kingfisher Airlines, in contempt case where he has been found guilty.

A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition

A "confidential legal issue" is stalling the extradition of business tycoon Vijay Mallya, wanted in India for defaulting on loans worth thousands of crores of rupees, from the UK and the government is following up with British authorities, the foreign ministry said on Thursday.

India has strongly underlined its interest in the expeditious extradition of former Kingfisher Airlines chief Vijay Mallya, who has completed all the legal processes related to extradition from the UK, during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London.

Business tycoon Vijay Mallya on Thursday was denied permission to appeal to the UK Supreme Court against a High Court order that upheld a 2018 ruling to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

Embattled liquor baron Vijay Mallya, who is fighting against his extradition to India, on Thursday asked the government to accept his offer to repay 100 per cent of his loan dues and close case against him.

Fugitive liquor baron Vijay Mallya today said all his companies had ceased operations and sought help from the Indian government in sending employees of his company home.

Vijay Mallya appeared before the Royal Courts of Justice in London on Wednesday for day two of his High Court appeal against being extradited to India, during which the prosecution highlighted "overwhelming evidence of dishonesty" on the part of the former Kingfisher Airlines boss.

Businessman Vijay Mallya launched an appeal in Britain's High Court on Tuesday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate (ED).

Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.

IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.

The former Kingfisher Airlines boss faced similar cries in January 2017 when he arrived at the London stadium to watch a Champions Trophy cricket match between India and South Africa

Businessman Vijay Mallya, who is wanted in India for defaulting crores in loans to his failed Kingfisher Airlines, took to Twitter again this morning to hit out at Prime Minister Narendra Modi. The fugitive liquor baron said that by PM Modi's assertion that the recovery of assets was higher than the alleged Rs. 9,000 crores he owed.

The Supreme Court reserved verdict on quantum of sentence against fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case

Supreme Court adjourned till Thursday hearing a plea related to the appearance of fugitive Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving defunct Kingfisher Airlines, in contempt case where he has been found guilty.

A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition

A "confidential legal issue" is stalling the extradition of business tycoon Vijay Mallya, wanted in India for defaulting on loans worth thousands of crores of rupees, from the UK and the government is following up with British authorities, the foreign ministry said on Thursday.

India has strongly underlined its interest in the expeditious extradition of former Kingfisher Airlines chief Vijay Mallya, who has completed all the legal processes related to extradition from the UK, during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London.

Business tycoon Vijay Mallya on Thursday was denied permission to appeal to the UK Supreme Court against a High Court order that upheld a 2018 ruling to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

Embattled liquor baron Vijay Mallya, who is fighting against his extradition to India, on Thursday asked the government to accept his offer to repay 100 per cent of his loan dues and close case against him.

Fugitive liquor baron Vijay Mallya today said all his companies had ceased operations and sought help from the Indian government in sending employees of his company home.

Vijay Mallya appeared before the Royal Courts of Justice in London on Wednesday for day two of his High Court appeal against being extradited to India, during which the prosecution highlighted "overwhelming evidence of dishonesty" on the part of the former Kingfisher Airlines boss.

Businessman Vijay Mallya launched an appeal in Britain's High Court on Tuesday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate (ED).

Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.

IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.

The former Kingfisher Airlines boss faced similar cries in January 2017 when he arrived at the London stadium to watch a Champions Trophy cricket match between India and South Africa

Businessman Vijay Mallya, who is wanted in India for defaulting crores in loans to his failed Kingfisher Airlines, took to Twitter again this morning to hit out at Prime Minister Narendra Modi. The fugitive liquor baron said that by PM Modi's assertion that the recovery of assets was higher than the alleged Rs. 9,000 crores he owed.