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Jul 11, 2022 · India’s Supreme Court sentenced Vijay Mallya to four months in jail and ordered him to deposit $40 million, the latest legal setback for the former billionaire known as the “King of Good Times.”
Jul 11, 2022 · Mallya has been in the UK since March 2016. He is on bail on an extradition warrant executed by the Scotland Yard on April 18, 2017. The Supreme Court was scheduled to pronounce on July 11 its order on the quantum of sentence against fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case where he has been found guilty.
Jun 28, 2021 · Vijay Mallya pose with the team car during the unveiling event in Mumbai, February 7, 2008. PAL PILLAI/AFP via Getty Images. At one point, he reportedly owned homes in far-flung places such as ...
Jul 11, 2022 · Vijay Mallya was sentenced to four-month imprisonment in contempt case. (File photo/Reuters) Resuming after a 50-day summer break, the Supreme Court on Monday imposed four months imprisonment on fugitive businessman Vijay Mallya for contempt of court. A fine of Rs 2,000 was also imposed on him. The apex court directed him to deposit 40 million ...
Tycoon Vijay Mallya sentenced to jail in India. India has made efforts to extradite the former billionaire, who is believed to still be in London. All the latest content about Vijay Mallya from ...
Jun 23, 2021 · Indian banks received 71.82 billion rupees ($967 million) by selling defaulter and former billionaire Vijay Mallya’s stake in United Breweries Ltd., according to a statement by the Enforcement ...
Jul 27, 2021 · Once his extradition case hearings began around 2017, Mallya said he was prepared to pay back the loans. After the bankruptcy order against him was released, Mallya tweeted on July 26, “ED attach my assets worth 14K crores at behest of Govt Banks against debt of 6.2K crores.
