Saturday, 27 November 2021

Tag Archives: Kingfisher Airlines

UK court defers bankruptcy plea of banks against Vijay Mallya

LONDON: Indebted businessman Vijay Mallya has avoided being made bankrupt in the London high court after a judge adjourned the bankruptcy petition the Indian banks brought against him, slamming it as “by any measure extraordinary”. Chief Insolvency and Companies Court judge Briggs adjourned the petition for “at least six months”, ...

Read More »

Singapore-based BOC Aviation wins $90m claim against Vijay Mallya

LONDON: Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now- defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated USD 90 million in claims. The latest case involving the 62-year-old businessman, whose extradition case over alleged loan defaults amounting to ...

Read More »

Can’t punish Vijay Mallya in absentia: Supreme Court

NEW DELHI: The Supreme Court on Friday said that it cannot punish Vijay Mallya, former chairman of defunct Kingfisher Airlines, in absentia for contempt of court over not faithfully and fairly disclosing his assets to the top court and instead asked the central government to take all steps to produce ...

Read More »