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Vijay Mallya default case News

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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.
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The Debt Recovery Tribunal may pass orders Thursday on an application by Kingfisher Airlines seeking amendment to its earlier written reply in response to the original application (OA) filed by a consortium of banks in the Vijay Mallya case.
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In more trouble to liquor baron Vijay Mallya, fresh non bailable warrants have been issued against him and now defunct airlines Kingfisher CFO in cheque bounce case.
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The counsel for Vijay Mallya will move the High Court seeking quashing of the non-bailable warrant.    
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Attorney General informed the apex court that Mallya left India on March 2.
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The Supreme Court on Wednesday gave notice to liquor baron Vijay Mallya on SBI and other public sector banks' plea seeking restraining him from leaving India.
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The DRT had reserved its order after hearing submissions made by both parties—bankers and Mallya—on 4 March.  






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