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Vijay Mallya loan default case 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.

10 Feb 2017

Vijay Mallya loan default case: CBI court to announce order today

This is a case where IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.

25 Jul 2016

Vijay Mallya's loan default case: DRT to resume hearing on UBHL's plea countering banks

The Debt Recovery Tribunal in Bengaluru will resume its hearing Monday on the application filed by UBHL and Vijay Mallya seeking cross-examination the "shady" documents submitted by the consortium of bankers with regard to Rs 6,000 crore, which allegedly did not even have the seals of the parties.

01 Jun 2016

Vijay Mallya's deportation: Countries must cooperate where people break law and escape, says FM Jaitley

Weeks after the UK declined to deport embattled businessman Vijay Mallya, Finance Minister Arun Jaitley on Wednesday said countries must cooperate when people flee after breaking law.

21 Apr 2016

Vijay Mallya files affidavit in SC; refuses to give info on overseas assets

Beleaguered liquor baron Vijay Mallya on Thursday filed an affidavit in Supreme Court in the loan default case and sought permission to submit info on assets in a sealed envelope on June 26.

28 Mar 2016

Bombay HC hearing on Service Tax Dept's plea against Mallya today

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.

11 Mar 2016

Why did CBI amend its 'lookout' notice for Mallya, asks Azad

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.

11 Mar 2016

SBI capital seizes Kingfisher brand as part of loan recovery

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

11 Mar 2016

ED summons Vijay Mallya in loan default case, asks him to appear on March 18

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.

11 Mar 2016

Check out the list of various Estates and Homes of Vijay Mallya

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

11 Mar 2016

Vijay Mallya tracked to London; Did someone help him escape?

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.

11 Mar 2016

Vijay Mallya Loan default case: KFA officials, UB Group CFO grilled by ED

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

11 Mar 2016

Bombay HC hearing on Service Tax Dept's plea against Mallya deferred till March 28

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.

11 Mar 2016

Vijay Mallya issue to be taken up by Ethics committee of Parliament today

Ethics committee of Parliament will take up the issue of beleagured businessman Vijay Mallya, who is facing legal proceedings for alleged loan defaults by his group to the tune of over Rs 9,000 crore

11 Mar 2016

Respect law and will comply with it; Don't want trial by media: Vijay Mallya

Beleagured businessman Vijay Mallya on Friday said that he didn't flee from the country and will comply with the law of the land.

11 Mar 2016

ED to question 5 IDBI officials for giving Rs 900 crore loan to Vijay Mallya

Enforcement Directorate will question 5 IDBI officials on Friday for giving Rs 900 crore loan to liquor baron Vijay Mallya.

10 Mar 2016

Vijay Mallya loan default case: ED summons IDBI bank, Kingfisher Airlines officials

Officials said summons have been issued to former Chairman and Managing Director of the bank Yogesh Agarwal, the Chief Financial Officer of the now defunct airline A Raghunathan and other senior executive members and officials of both the organisations.

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