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Consortium of banks News

10 May 2017

SC directs Home Ministry to ensure Mallya's presence on July 10

India had recently asked Britain to ensure early extradition of Mallya, who is an accused in a bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines.

09 May 2017

Big setback for Vijay Mallya: SC finds liquor baron guilty of contempt of court, summons him on July 10

In yet another jolt to absconding businessman Vijay Mallya, the Supreme Court on Tuesday found liquor baron guilty of contempt of court and summoned him on July 10 for transferring USD 40 million to his children in violation of the court's order.

12 Apr 2017

CBI arrests four for cheating banks to the tune of Rs 2240 crore

The CBI has arrested four directors of Surya Vinayak Industries Limited for allegedly cheating consortium of banks to the tune of Rs 2240 crore.

27 Feb 2017

Mallya loan default case: SC adjourns matter to March 3

The Supreme Court today adjourned liquor baron Vijay Mallya`s loan default case to March 3.

Auction of Kingfisher Villa

19 Oct 2016

Kingfisher Villa to go under the hammer today; price set at Rs 85.29 crore

The 17-lender consortium led by State Bank of India will auction the Kingfisher Villa, the sea-facing plush property once-owned by the beleaguered Vijay Mallya in Goa.

25 Jul 2016

SC issues notice to Vijay Mallya for not disclosing assets

The Supreme Court on Monday issued notice to Vijay Mallya on plea seeking contempt proceedings against him alleging that he has not given full details of his assets.

Consortium of banks

21 Jun 2016

Vijay Mallya case: Banks to file objections to Heineken's impleadment plea today

The Consortium of Banks led by SBI has said that it would be filing objections to Dutch beer major Heineken's application before the Debt Recovery Tribunal seeking to be impleaded in the Vijay Mallya case.

21 Apr 2016

ED seeks Vijay Mallya's deportation; writes to MEA

The agency has written to MEA and will also soon write to the CBI to get an Interpol Red Corner Notice (RCN) issued against the Rajya Sabha MP to get him arrested, based on the NBW directed by a Mumbai court.

21 Apr 2016

Will Vijay Mallya disclose his total assets before SC today?

Vijay Mallya was earlier directed by the Supreme Court to disclose by April 21 the total assets owned by him and his family in India and abroad.

North Goa administration

07 Apr 2016

Goa Collector resumes hearing bankers' plea on seizing Kingfisher villa

The North Goa administration has resumed hearing on an application filed by a consortium of banks seeking to seize Kingfisher villa, believed to be owned by beleaguered liquor baron Vijay Mallya, situated at Candolim village.

08 Apr 2016

Disclose all your assets by April 21, tell us when you will return to India: SC to Vijay Mallya

The court also asked Vijay Mallya to disclose all the assets held by his wife and children and indicate the date when he can appear before it in person.

07 Apr 2016

SC directs Vijay Mallya to disclose assets by Apr 21, banks reject his loan repayment offer

The Supreme Court on Thursday directed beleaguered liquor baron Vijay Mallya to disclose to it all his assets -- movable and immovable and tangible and intangible -- and other interests in India and abroad by April 21.

Consortium of banks

17 Mar 2016

Banks to auction Vijay Mallya's Kingfisher House on Thursday; valued at Rs 150 crore

A consortium led by the State Bank of India is likely to auction the Kingfisher House at Jogeshwari in Mumbai, in a bid to recover part of the Rs 6,963 crore debt due from the now grounded Kingfisher Airlines.

Kingfisher Airlines

02 Sep 2014

Kingfisher Airlines plea on wilful defaulter infructuous: SC

State-run United Bank of India yesterday became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters.

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