loan default case

Fresh trouble brews for Vijay Mallya; CBI registers cheating case

CBI has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore by not keeping commitments to repay loans taken for his now-defunct Kingfisher Airlines.

Aug 13, 2016, 18:14 PM IST

Vijay Mallya fails to appear before PMLA court; ED to initiate fresh attachment of assets

The Enforcement Directorate is expected to initiate a fresh action of attachment of assets against liquor baron Vijay Mallya, who today skipped appearance before a PMLA court here in connection with a money laundering probe against him in an alleged bank loan fraud case.

Jul 29, 2016, 18:53 PM IST

Vijay Mallya's 8 luxury cars to be auctioned today

The auction will be held today for cars that will fetch the bank Rs 13.70 lakh.

Jul 25, 2016, 09:41 AM IST

Debt Recovery Tribunal orders on three interlocutory applications in Vijay Mallya case on Saturday

Keeping in mind the Supreme Court's direction to wind up the Vijay Mallya case as soon as possible, Debt Recovery Tribunal Presiding Officer C R Benkanahalli on Friday said that he would pass orders on three interlocutory applications filed by Heineken, Kingfisher Finvest and Diageo Plc and its subsidiaries tomorrow.

Jul 15, 2016, 19:30 PM IST

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines: HC told

Liquor baron Vijay Mallya was not involved in day-to-day affairs of Kingfisher Airlines (KFA) and cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court today.

Jul 15, 2016, 19:19 PM IST

While Mallya says ''life must go on'', BJP assures action against him

A day after former liquor baron Vijay Mallya made a rare public appearance in England at an F1 race, the Bharatiya Janata Party (BJP) on Saturday reiterated that they will bring back the embattled business tycoon back to the nation at the earliest and proceedings will be made against him as per law.

Jul 09, 2016, 10:25 AM IST

Life must go on, says Vijay Mallya in rare public appearance

Embattled Indian business tycoon Vijay Mallya, declared a proclaimed offender by a Mumbai court in a money laundering case, on Friday said that "life must go on" as he made a rare public appearance on the Formula 1 racing track here.

Jul 08, 2016, 20:03 PM IST

Vijay Mallya resigns as Independent Director of Bayer CropScience

Zee Media Bureau

New Delhi: Vijay Mallya faced yet another setback on Tuesday, as he resigned as an independent director from the board of Bayer CropScience. 

Jun 21, 2016, 15:38 PM IST

Mumbai PMLA court declared Mallya an escapee

Watch this special segment and get to know more here.

Jun 14, 2016, 21:03 PM IST

Big setback for Vijay Mallya: Special PMLA court declares him proclaimed offender

A special PMLA court in Mumbai on Tuesday declared liquor baron Vijay Mallya a proclaimed offender in connection with its money laundering probe against him in an alleged bank loan fraud case.

Jun 14, 2016, 17:07 PM IST

Vijay Mallya to be declared proclaimed offender: ED

Zee Media Bureau

Jun 14, 2016, 16:16 PM IST

PMLA case: ED clarifies to Interpol on Red Corner Notice against Vijay Mallya

 The Enforcement Directorate (ED) has sent a detailed communication, along with legal inputs, to the Interpol which had recently sought some "clarifications" from it before notifying an arrest warrant against liquor baron Vijay Mallya, who is wanted in a money laundering case emerging from an alleged Rs 900 crore bank loan fraud.

Jun 12, 2016, 15:33 PM IST

ED attaches Mallya's properties worth Rs 1,411 cr; beleaguered businessman tweets defence

In the latest, properties worth Rs 1,411 crore belonging to Vijay Mallya have been attached by the Enforcement Directorate (ED) on Saturday in the issue of money laundering related with the IDBI loan default case.

Jun 11, 2016, 18:56 PM IST

Has Interpol rejected ED's request for issuing red corner notice against Vijay Mallya?

Enforcement Directorate (ED) on Sunday clarified that Interpol has not rejected its request for red corner notice against Vijay Mallya, but has sought more information on the matter.

Jun 05, 2016, 19:29 PM IST

Diageo Holdings Netherlands files interlocutory application before the Debt Recovery Tribunal

After British liquor giant Diageo Plc, Diageo Holdings Netherlands today filed an interlocutory application before the Debt Recovery Tribunal seeking vacating of DRT's order barring liquor baron Vijay Mallya from withdrawing USD 75 million exit buyout by it under a deal till disposal of SBI's case against him over loan default.

Jun 03, 2016, 22:10 PM IST

UBHL seeks time till July to file results due to Mallya cases

 United Breweries (Holdings) Ltd (UBHL) has sought time till July to file results for the last fiscal due to "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya.

May 24, 2016, 14:10 PM IST

Vijay Mallya's India woes now troubling his US beer firm

Legal proceedings in India against beleaguered businessman Vijay Mallya has now come to haunt his US-based brewery firm, which is banking on USD 1 million bridge loan promised by his holding firm for survival.

May 22, 2016, 16:14 PM IST

A Pilibhit-based farmer is Vijay Mallya's guarantor?

Manmohan Singh, a farmer in Pilibhit is troubled these days as his two accounts with the local branch of Bank of Baroda has been frozen by the Mumbai office of the nationalised bank.

May 21, 2016, 11:08 AM IST