United Breweries Holdings Limited
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Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
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Vijay Mallya Case: High Court Adjourns Hearing To April 11
The petition seeks unpaid dues of Rs 146 crore from the defunct Kingfisher Airlines promoted by UBHL. The creditors including BNP Paribas and State Bank of India are seeking winding up of UBHL to get back their dues.
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Vijay Mallya Case: High Court Adjourns Hearing To April 11
The Karnataka High Court today adjourned till April 11 the hearing of a two-and-a-half-year-old winding up petition against United Breweries Holdings Limited, the company controlled by beleaguered Vijay Mallya.
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Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.
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Contempt Petition in Court Only Against Vijay Mallya, Say Banks
In February 2013, bankers publicly stated they had lost faith in the management's ability to revive the company.
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Consortium of 17 Banks Files Contempt Application Against Vijay Mallya
A consortium of 17 banks, which had collectively lent over Rs 7,000 crore to the crisis-ridden airline, have initiated recovery proceedings under the available legal avenues using the underlining securities which they had.
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Karnataka High Court summons Vijay Mallya in United Breweries winding up case
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited, had filed company petitions in the High Court seeking winding up of UBHL as the holding company was unable to pay its debts.
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Diageo deal sends United Spirits shares 19% higher
Shares in United Spirits surged 15 per cent to cross the Rs 1,500 mark on Monday. The sharp gains came after Diageo announced a deal to buy a majority stake in the Vijay Mallya controlled spirits maker on Friday. Diageo will pay for $2.1 billion for 53.4 per cent in United Spirits.
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Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
-
Vijay Mallya Case: High Court Adjourns Hearing To April 11
The petition seeks unpaid dues of Rs 146 crore from the defunct Kingfisher Airlines promoted by UBHL. The creditors including BNP Paribas and State Bank of India are seeking winding up of UBHL to get back their dues.
-
Vijay Mallya Case: High Court Adjourns Hearing To April 11
The Karnataka High Court today adjourned till April 11 the hearing of a two-and-a-half-year-old winding up petition against United Breweries Holdings Limited, the company controlled by beleaguered Vijay Mallya.
-
Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.
-
Contempt Petition in Court Only Against Vijay Mallya, Say Banks
In February 2013, bankers publicly stated they had lost faith in the management's ability to revive the company.
-
Consortium of 17 Banks Files Contempt Application Against Vijay Mallya
A consortium of 17 banks, which had collectively lent over Rs 7,000 crore to the crisis-ridden airline, have initiated recovery proceedings under the available legal avenues using the underlining securities which they had.
-
Karnataka High Court summons Vijay Mallya in United Breweries winding up case
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited, had filed company petitions in the High Court seeking winding up of UBHL as the holding company was unable to pay its debts.
-
Diageo deal sends United Spirits shares 19% higher
Shares in United Spirits surged 15 per cent to cross the Rs 1,500 mark on Monday. The sharp gains came after Diageo announced a deal to buy a majority stake in the Vijay Mallya controlled spirits maker on Friday. Diageo will pay for $2.1 billion for 53.4 per cent in United Spirits.
