Mallya loan News

A Delhi court issued open ended non-bailable warrant against Vijay Mallya for allegedly evading summons in FERA violation matter.

Absconding liquor baron Vijay Mallya who is facing charges of loan default to the tune of nearly Rs 9,000 crore may be extradited, as per a report in a TV channel.

Loans to the tune of Rs 8,040 crore was given to liquor baron Vijay Mallya when the previous UPA government was in power, but action against him for defaults is being taken by the Modi government Santosh Gangwar said.

India`s United Breweries has fired indebted beer baron Vijay Mallya from his non-executive chairman role following an order from the country`s market regulator.

SEBI barred Mallya from the stock market for fraudulently diverting about Rs. 1,881 crore from USL to various other entities within the UB Group.

Vijay Mallya has sought 3 weeks time to file reply to SBI led consortium of banks who sought deposit of amount of 40 million dollars before the Supreme Court.

A Mumbai Special Court on Wednesday ordered Vijay Mallya, head of the defunct Kingfisher Airlines, to appear before it on July 29 regarding money laundering cases filed against him.

The ED is also mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by Mallya in connection with its money laundering probe against him

Vijay Mallya, who has been declared as willful defaulter by banks in India, has also been named in the papers released by the International Consortium of Investigative Journalists( ICIJ) among people who may have stashed away wealth in offshore accounts in tax havens.

The ED issued fresh summons to liquor baron Vijay Mallya asking him to appear before it on April 9 for his role in a money laundering case in the over Rs 900 crore IDBI loan fraud case.

Liquor baron Vijay Mallya will not present himself before ED investigators in Mumbai on Saturday even as he sought time till May to depose before the agency which is probing his role in a money laundering case in the over Rs 900 crore IDBI loan fraud case.

The Bombay High Court will resume hearing on a Service Tax Department's plea to recover government dues running into crores of rupees from Kingfisher Airlines chief Vijay Mallya and other directors.

Corporate misconduct happens all over the world and one episode of liquor baron Vijay Mallya cannot undo the good work done by domestic and international companies in India, Commerce Minister Nirmala Sitharaman said on Friday.

The controversial exit of Vijay Mallya from the country rocked Rajya Sabha for the second day today, with Leader of Opposition Ghulam Nabi Azad asking the government why did the CBI amend its 'lookout' notice against the industrialist within a month last year.

SBI capital on Friday seized Kingfisher brand as a part of its loan recovery.

The Enforcement Directorate (ED) on Friday summoned liquor baron Vijay Mallya for the alleged loan defaults by his group to the tune of over Rs 9,000 crore.

Vijay Mallya, often synonymous with beer, fast cars and marathon yacht parties, has swanky houses all over the world.

Vijay Mallya's escape from the country at a time when he is facing probe in several loan default cases, has raised several questions on his exit.

Defunct airline Kingfisher officials on Friday reached Enforcement Directorate (ED) office in Mumbai.

The Bombay High Court will hear on Friday a Service Tax Department's plea to recover government dues running into crores of rupees from Kingfisher Airlines chief Vijay Mallya and other directors.