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Vijay Mallya contempt case to be dealt with finally on Jan 18: Supreme Court

Vijay Mallya is in the UK since March 2016. He is on bail on an extradition warrant executed three years ago by Scotland Yard on April 18, 2017.
Vijay Mallya is wanted in India over fraud and money laundering charges in relation to loans taken out by his now-defunct Kingfisher Airlines.(AP File Photo)
Vijay Mallya is wanted in India over fraud and money laundering charges in relation to loans taken out by his now-defunct Kingfisher Airlines.(AP File Photo)
Published on Nov 30, 2021 06:29 PM IST
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By, Hindustan Times, New Delhi

Declared bankrupt, Vijay Mallya launches rant on Twitter

Vijay Mallya, who fled to the UK and has been fighting on multiple fronts to avoid extradition to India, owes more than 9,000 crore to the consortium of banks in principal and interest.
Vijay Mallya remains on bail after he was ordered to be extradited in December 2018 by the Westminster magistrate's court in London. (File Photo)
Vijay Mallya remains on bail after he was ordered to be extradited in December 2018 by the Westminster magistrate's court in London. (File Photo)
Published on Jul 27, 2021 10:56 AM IST
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By | Written by Meenakshi Ray

UK court declares fugitive Vijay Mallya bankrupt

Vijay Mallya’s barrister Philip Marshall sought for an adjournment of the order but the judge declined the request to appeal against the bankruptcy order while saying there was no “real prospect of success” in the case of such an appeal.
Vijay Mallya is wanted in India for fraud and money laundering charges.(AP Photo)
Vijay Mallya is wanted in India for fraud and money laundering charges.(AP Photo)
Published on Jul 26, 2021 11:33 PM IST
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Written by Srivatsan K C | Edited by Avik Roy, Hindustan Times, New Delhi

Vijay Mallya extradition: Shringla says UK govt gave 'best assurance'

Indian High Commissioner to the UK Gaitri Issar Kumar said that the Indian mission in London has been keeping the pressure on over the issue.
Mallya’s bankruptcy case will return to the High Court in London on Monday, where a consortium of Indian banks led by the State Bank of India (SBI) are pursuing a bankruptcy order against the 65-year-old businessman to recoup unpaid loans.(AP Photo)
Mallya’s bankruptcy case will return to the High Court in London on Monday, where a consortium of Indian banks led by the State Bank of India (SBI) are pursuing a bankruptcy order against the 65-year-old businessman to recoup unpaid loans.(AP Photo)
Published on Jul 24, 2021 11:17 PM IST
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PTI | , London

Banks get 792 cr more from Mallya

  • The ED had said in June that around 800 crore was expected to be realized by this consortium in the case from the sale of shares in United Breweries Ltd attached by the agency.
Mallya’s Kingfisher Airlines, which was launched in 2005, could not survive the competition in the aviation industry, leading to its collapse in 2012.(AP Photo)
Mallya’s Kingfisher Airlines, which was launched in 2005, could not survive the competition in the aviation industry, leading to its collapse in 2012.(AP Photo)
Published on Jul 16, 2021 11:48 PM IST
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ByGireesh Chandra Prasad, Livemint, New Delhi

United Breweries shares worth over 5,800 crore sold in Vijay Mallya case

Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries, taking its total shareholding to 61.50 per cent.
On NSE also, the scrip ended the day at <span class='webrupee'>₹</span>1,403.85, a decline of 3.61 per cent. During the day, it had rose 2.91 per cent to <span class='webrupee'>₹</span>1,498.95.(AP Photo)
On NSE also, the scrip ended the day at 1,403.85, a decline of 3.61 per cent. During the day, it had rose 2.91 per cent to 1,498.95.(AP Photo)
Published on Jun 24, 2021 08:28 AM IST
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PTI | , New Delhi

UK knows urgency in Mallya's case, extradition linked to legal process: Envoy

  • The UK home secretary signed off on Mallya’s extradition to India more than two years ago but his return to India has been held up because of secret legal proceedings, according to the British government. Mallya is learnt to have applied for asylum in the UK.
Vijay Mallya is wanted in India to face charges of defrauding a consortium of banks of more than a billion dollars in relation to the collapse of Kingfisher Airlines in 2013. (FILE PHOTO).
Vijay Mallya is wanted in India to face charges of defrauding a consortium of banks of more than a billion dollars in relation to the collapse of Kingfisher Airlines in 2013. (FILE PHOTO).
Published on Mar 05, 2021 06:28 PM IST
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Mallya’s properties in South Africa, Europe identified; to be attached soon

ED has attached Mallya assets worth Rs 11,231 crore (more than the alleged proceeds of crime), which are mostly located in India, except a property worth Rs 14 crore attached in France in November last year.
Vijay Mallya is currently on bail on an extradition warrant executed by Scotland Yard on April 18, 2017.(AP file photo)
Vijay Mallya is currently on bail on an extradition warrant executed by Scotland Yard on April 18, 2017.(AP file photo)
Updated on Jan 06, 2021 01:37 AM IST
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Hindustan Times, New Delhi | ByNeeraj Chauhan

Banks pursue UK bankruptcy order against Vijay Mallya

At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK.
While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.(AP)
While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.(AP)
Updated on Dec 19, 2020 07:43 PM IST
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London | ByPress Trust of India | Posted by Nilavro Ghosh

News updates from Hindustan Times: Army chief’s visit to Saudi Arabia, UAE signals India’s intention to boost security cooperation, say experts and all the latest news

Here are today’s top news, analysis and opinion at 9pm. Know all about the latest news and other news updates from Hindustan Times.
Army Chief Gen MM Naravane.(ANI)
Army Chief Gen MM Naravane.(ANI)
Updated on Dec 04, 2020 08:59 PM IST
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Byhindustantimes.com

ED seizes Vijay Mallya’s assets worth 1.6 million euros in France

The action was undertaken by French authorities “on the request of the Enforcement Directorate” and the property is located at 32 Avenue FOCH in France, central probe agency said in a statement.
Vijay Mallya(AP)
Vijay Mallya(AP)
Updated on Dec 04, 2020 07:26 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Shivani Kumar

UK trying to resolve issue holding up Vijay Mallya’s extradition as quickly as possible

Extradition proceedings against the liquor baron concluded in May after the UK high court rejected Mallya’s plea to approach Britain’s Supreme Court against the move to send him back to India
Vijay Mallya.(REUTERS File)
Vijay Mallya.(REUTERS File)
Updated on Nov 10, 2020 05:04 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent | Edited by Zara Khan

India’s evidence on Nirav Modi admissible: UK court

District judge Samuel Goozee said he was bound by the Mallya judgement delivered by Emma Arbuthnot, who also dealt with the issue of admissibility of India’s evidence and decided to accept them. He said he would adopt the “approach taken in Mallya”.
A file photo of Nirav Modi.(Aniruddha Chowdhury/Mint)
A file photo of Nirav Modi.(Aniruddha Chowdhury/Mint)
Updated on Nov 03, 2020 10:16 PM IST
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Hindustan Times, London | By

Vijay Mallya cannot be extradited till ‘secret legal matter’ in UK gets resolved, says MEA

India on Thursday said it is not a party to the “secret legal matter” in the United Kingdom that has held up fugitive businessman and former member of Parliament Vijay Mallya’s extradition to the country.
Vijay Mallya(Reuters file photo)
Vijay Mallya(Reuters file photo)
Updated on Oct 09, 2020 06:14 AM IST
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Hindustan Times, New Delhi | ByHT Correspondent

How can govt claim it has no info on Mallya extradition: Sena

Liquor baron Mallya, promoter of the defunct Kingfisher Airlines, is wanted in India over alleged fraud and money laundering charges amounting to around 9,000 crore and is presently in the UK.
Vijay Mallya.(AP)
Vijay Mallya.(AP)
Updated on Oct 07, 2020 12:12 PM IST
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Mumbai, Maharashtra | ByPress Trust of India | Posted by Shivani Kumar

Extradition ‘stalled’; Vijay Mallya seeks asylum?

Fugitive Indian businessman and former member of Parliament Vijay Mallya’s extradition from the United Kingdom to India has been stalled by “secret” proceedings that have commenced in the UK.
Vijay Mallya(AP photo)
Vijay Mallya(AP photo)
Updated on Oct 06, 2020 05:01 AM IST
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Hindustan Times, New Delhi | ByMurali Krishnan and Prasun Sonwalkar

Secret proceedings in UK delaying Mallya’s extradition, Centre tells Supreme Court

The government told the Apex Court that though the extradition proceedings had been complete after the UK’s highest court had rejected Mallya’s appeal, some fresh proceedings have started.
Vijay Mallya’s counsel Ankur Saigal said he did not have any instructions from his client regarding the ‘secret proceeding’. (Photo: Reuters)
Vijay Mallya’s counsel Ankur Saigal said he did not have any instructions from his client regarding the ‘secret proceeding’. (Photo: Reuters)
Updated on Oct 05, 2020 04:33 PM IST
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Hindustan Times, New Delhi | ByMurali Krishnan

Bad Boy Billionaires: Sid Mallya says his father is a ‘political pawn who was made an example of’

Mallya, who is an actor, added that his father Vijay Mallya was an easy target because of his lifestyle
Siddharth Mallya.(HT Archive)
Siddharth Mallya.(HT Archive)
Updated on Oct 05, 2020 03:19 PM IST
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Hindustan Times, New Delhi | ByNeeraj Chauhan

CBI gets letter rogatory to investigate fund flow in Vijay Mallya’s bank accounts

The agency has said it has reasons to believe that the loans Mallya availed from Indian banks were diverted and invested in companies based in countries like the US, UK, and Switzerland
Mallya lost an appeal in Britain’s high court in April against a 2018 decision to extradite him to India to face fraud charges linked to the collapse of his defunct company Kingfisher Airlines.(Reuters)
Mallya lost an appeal in Britain’s high court in April against a 2018 decision to extradite him to India to face fraud charges linked to the collapse of his defunct company Kingfisher Airlines.(Reuters)
Updated on Sep 22, 2020 05:24 PM IST
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Hindustan Times, Mumbai | By

Supreme Court dismisses Vijay Mallya’s review plea against 2017 contempt verdict

Vijay Mallya was found guilty by the apex court on May 9, 2017 for transferring USD 40 million received from Diageo into the accounts of his children.
Vijay Mallya had filed review to consider an affidavit claiming this amount was not part of his assets.(REUTERS)
Vijay Mallya had filed review to consider an affidavit claiming this amount was not part of his assets.(REUTERS)
Updated on Aug 31, 2020 01:03 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com| Edited by Susmita Pakrasi

SC order today on Vijay Mallya’s review plea against 2017 contempt verdict

When the case came up for hearing in June 2020, the top court had sought an explanation from its registry officials regarding the undue delay in listing the review petition
The Supreme Court in its May 2017 order had asked the Centre to produce Vijay Mallya before the court to decide on the punishment to be handed down to him for contempt of court.(AP)
The Supreme Court in its May 2017 order had asked the Centre to produce Vijay Mallya before the court to decide on the punishment to be handed down to him for contempt of court.(AP)
Updated on Aug 31, 2020 10:26 AM IST
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Hindustan Times, New Delhi | By

SC verdict on Vijay Mallya’s review plea on transfer of $40 mn to his children today

A consortium of banks led by the State Bank of India had earlier accused Vijay Mallya of concealing the facts and diverting money to his children in “flagrant violation” of various judicial orders.
Vijay Mallya, who is an accused in a bank loan default case of over Rs 9,000 crore, is presently in the United Kingdom.(AP File Photo)
Vijay Mallya, who is an accused in a bank loan default case of over Rs 9,000 crore, is presently in the United Kingdom.(AP File Photo)
Updated on Aug 31, 2020 08:07 AM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Kanishka Sarkar

SC to pronounce verdict on Vijay Mallya’s review plea on transfer of $40 million to his children

The Supreme Court on Saturday said that on August 31 it would pronounce its verdict on the petition filed by businessman Vijay Mallya, who has sought review of its May 2017 order holding him guilty of contempt of court for transferring $40 million to his children.
Businessman Vijay Mallya(File photo)
Businessman Vijay Mallya(File photo)
Updated on Aug 29, 2020 07:34 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Niyati Singh

SC asks Centre to clear stand on winding up of Mallya’s United Breweries Holdings Limited

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.
File photo: Vijay Mallya.(REUTERS)
File photo: Vijay Mallya.(REUTERS)
Updated on Aug 27, 2020 09:34 PM IST
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Hindustan Times, New Delhi | ByAbraham Thomas

New UK ruling on PNB debt recovery stayed

The case involves two loans PNB extended between 2012 and 2013 to defendants that include businessman Pradeep Agrawal of Superior Drinks Pvt Ltd. and the non-payment of loans to purchase and operate a cruise liner, MV Delphin.
Businessman Vijay Mallya.(REUTERS)
Businessman Vijay Mallya.(REUTERS)
Updated on Jul 30, 2020 06:39 AM IST
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Hindustan Times, London | By

No timeline for Vijay Mallya’s extradition to India, says UK envoy

The envoy declined to answer a question during a virtual news briefing on whether Vijay Mallya had sought asylum in the UK, saying the British government never comments on individual asylum cases.
Last month, India said it had asked the UK not to consider any asylum request from Vijay Mallya, currently on bail pending his extradition. (Photo: Reuters)
Last month, India said it had asked the UK not to consider any asylum request from Vijay Mallya, currently on bail pending his extradition. (Photo: Reuters)
Updated on Jul 23, 2020 03:28 PM IST
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Hindustan Times, New Delhi | By

Readers’ take: With pet care comes responsibility

CANINE CALL Owning a pet requires responsible care and handling, so owners should ensure their dogs are well trained and vaccinated for the safety of the people around them. That said, the administrations of the tricity should also ensure that the population of stray dogs is controlled and shelters built for them, say readers
Owners need to take responsibility for their pets.(Getty Images/iStockphoto)
Owners need to take responsibility for their pets.(Getty Images/iStockphoto)
Updated on Jul 10, 2020 10:30 PM IST
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Do not consider Vijay Mallya’s asylum request, India messages UK

Vijay Mallya is wanted in India to face charges of financial offences involving Rs 9,000 crore borrowed by his now-defunct Kingfisher Airlines from several national banks.
Vijay Mallya lost his appeal against the 2018 order to extradite him in the UK high court in April. Last month, the high court also refused Mallya permission to appeal in the UK Supreme Court.(AFP photo)
Vijay Mallya lost his appeal against the 2018 order to extradite him in the UK high court in April. Last month, the high court also refused Mallya permission to appeal in the UK Supreme Court.(AFP photo)
Updated on Jun 11, 2020 11:01 PM IST
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Hindustan Times, New Delhi | By

Jewels worth Rs 1,350 crore brought back from Nirav Modi’s Hong Kong godown

ED claims that Nirav Modi and Mehul Choksi had kept valuables at a Hong Kong godown.
Nirav Modi is currently lodged in a UK Jail.(Aniruddha Chowdhury/Mint)
Nirav Modi is currently lodged in a UK Jail.(Aniruddha Chowdhury/Mint)
Updated on Jun 10, 2020 08:35 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent | Edited by Abhinav Sahay

‘Confidential’ issue holding up Mallya extradition: UK

Indian agencies and legal experts could only speculate about the nature of the issue that has cropped up-- from coronavirus infections in the Mumbai prison where he is to be held on his return to the possibility that he has applied for asylum in the UK or may be planning to approach the European Court of Human Rights.
Vijay Mallya, 64, lost his appeal against the 2018 order to extradite him in the UK high court in April.(ANI)
Vijay Mallya, 64, lost his appeal against the 2018 order to extradite him in the UK high court in April.(ANI)
Updated on Jun 05, 2020 01:06 AM IST
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Hindustan Times, New Delhi | ByRezaul H Laskar and Neeraj Chauhan
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