Vijay Mallya gets bankruptcy reprieve from UK High Court
In a relief to Liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around GBP 1.145 billion from him.
Apr 10, 2020, 07:16 AM ISTAfter extradition setback, Vijay Mallya faces bankruptcy proceedings in UK High Court
Mallya remains on bail after his extradition was recently ordered by Westminster Magistrates' Court in London.
Dec 18, 2018, 10:36 AM IST