Bank consortium

More trouble for Vijay Mallya as India seeks his deportation from UK

India has asked the UK to deport Vijay Mallya, whose Kingfisher Airlines has been accused of defaulting bank loans of over Rs 9,400 crore, citing the revocation of his passport and a non-bailable warrant against him.

Apr 28, 2016, 18:24 PM IST

Contempt petition filed only against Vijay Mallya: Bank consortium counsel

Contempt petition in the Karnataka High Court has been filed only against liquor baron Vijay Mallya alleging breach of an oral undertaking given before the Debt Recovery Tribunal that they would not alienate unencumbered assets nor deal with them, Counsel for a consortium of banks clarified Wednesday.

Jan 07, 2015, 19:06 PM IST