Vijay Mallya settles for more time to pay up for London home – Times of India

Vijay Mallya’s Kingfisher Airlines to pay $90 million in claims. Indian tycoon Vijay Mallya leaves after attending a hearing at Westminster Magistrates Court in London.. MORE FROM Khaleej Times.

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F1 tycoon Vijay Mallya’s superyacht impounded in Malta over wage dispute. Thursday, 8 March 2018, 14:12 Last update: about 7 months ago. A $93m superyacht owned by Indian multimillionaire Vijay Mallya has been impounded in Malta in a dispute over the businessman’s failure to pay the crew more than $1m in.

 · All you wanted to know about why Vijay Mallya made his great escape from India last week. four years and has dues of more than Rs 9,000 crore to pay to various banks.. that Mallya.

 · Mr Mallya, whose business empire once included Kingfisher beer, left India in March 2016 after defaulting on debts of more than $1bn (£785m). He now has 14 days to appeal against the decision. He denies “fleeing” from India and says he made an “unconditional” offer to pay back the sum in full in July last year.

 · Vijay Mallya arrested in London, but flight to India some way off Vijay Mallya was arrested by the Scotland Yard in London in response to India’s extradition plea. He was, however, granted bail soon after.

Fugitive businessman Vijay Mallya on Wednesday lashed out at the central government for allegedly "discriminating" between private and state-owned airlines firm, while extending "sympathies" to.

The Supreme Court was told on Wednesday that beleaguered liquor baron Vijay Mallya has on Wednesday morning offered to pay Rs.4,000 crore for settling outstanding dues against the grounded Kingfisher Airlines on account of loans extended to it by a consortium of 13 banks headed by the State Bank of India.

Embattled Indian tycoon Vijay. up his chairmanship and board position at top Indian spirits maker United Spirits Ltd. After stepping down, Mallya said he would spend more time in England where his.

It is poetic justice as liquor baron Vijay Mallya is one step closer to being shipped back to India. British Home Secretary Sajid. The “King of Good Times”, Mallya had left India in March 2016 with.

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In another setback to Vijay Mallya, the UK High Court has directed the embattled liquor tycoon to pay British beverage giant. With some USL shares caught up in India’s Debt Recovery Tribunal action.