By Abraham Thomas | Hindustan Times, New Delhi
UPDATED ON AUG 27, 2020 09:34 PM IST
Former liquor baron Vijay Mallya holds a little over 10 percent shares in the UBHL which is majorly owned by Dutch beer maker Heineken and British spirit maker Diageo.
By HT Correspondent | Hindustan Times, Mumbai
UPDATED ON JAN 02, 2020 03:26 AM IST
However, after Mallya’s lawyers sought a stay on the order’s execution on the grounds that they need time to approach the Bombay high court (HC), the PMLA court stayed the execution till January 18.
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON MAR 28, 2019 08:26 AM IST
The Central Bureau of Investigation (CBI) and ED have launched probes against Vijay Mallya over allegations levelled by a consortium of 17 banks that provided loans to the now-defunct airline.
By HT Correspondent | Hindustan Times, Mumbai, Mumbai
PUBLISHED ON MAR 27, 2019 10:39 AM IST
The PMLA court on Tuesday rejected the application filed by UBHL, a company linked to Vijay Mallya, challenging the proclamation of sale issued by Debts Recovery Tribunal (DRT), Bangalore, for sale of shares in order to recover the dues.