• Tag results for Vijay Mallya

Lok Sabha passes bill to confiscate assets of fugitive economic offenders

The Bill allows for a person to be declared as a fugitive economic offender if an arrest warrant has been issued against him for any specified offences where value involved is over Rs 100 crore.

published on : 19th July 2018

Lok Sabha takes up bill to deter fugitive economic offenders

Initiating the discussion on the of Fugitive Economic Offenders Bill, 2018, Revolutionary Socialist Party (RSP) member N.K. Premchandran said he supported the provisions of the bill.

published on : 19th July 2018

Manohar Parrikar accuses Congress of spreading misinformation

The former defence minister also ridiculed the Congress for questionning the veracity of the surgical strike conducted by the Army in the PoK in 2016.

published on : 16th July 2018

BJP should name Vijay Mallya as its brand ambassador: Shiv Sena

The Shiv Sena editorial said that while PM Modi claims to fight against corruption in his speeches, on the other hand, his party leaders consider absconding money launderers as idols.

published on : 16th July 2018

Union Minister Jual Oram apologises for calling Vijaya Mallya 'smart'

Jual Oram had described fugitive Vijay Mallya as smart at the National Tribal Entrepreneurs Conclave on Friday.

published on : 14th July 2018

Banks wary of recoveries from fugitive liquor baron Vijay Mallya's overseas assets

Last month, Mallya made a third offer to fall in line and pay up dues, but bankers ruled out that option, as the case is now being dealt under the Fugitive Economic Offenders Act.

published on : 9th July 2018

Fugitive liquor baron Vijay Mallya shrugs off threat of British asset seizures

India wants to extradite the 62-year-old former liquor baron from Britain to face charges of fraud as a group of Indian banks seek to recover more than USD1 billion of loans.

published on : 9th July 2018

Vijay Mallya rejects reports that he is selling Force India

Making his first public appearance at a Grand Prix since last year's race at Silverstone, Mallya spoke out during a news conference.

published on : 6th July 2018

Indian banks score a win in legal battle against Vijay Mallya

The consortium of 13 banks are seeking to recover funds owed to them by Mallya who is fighting extradition to India to face trial for fraud and money laundering charges worth nearly Rs 9,000 crore.

published on : 6th July 2018

Police identified 159 properties of Vijay Mallya, could not attach them: High Court told

ED's special public prosecutor N K Matta told the court that the agency needed more time to identify other properties of Mallya which can be attached.

published on : 5th July 2018

UK court grants enforcement order in Vijay Mallya assets case

The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.

published on : 5th July 2018

Britain must be willing to give ground to boost India ties: former British high commissioner

According to the retired diplomat, it is a lack of trust on both sides that is holding the relationship back.

published on : 3rd July 2018

Finally, service tax department sells Vijay Mallya luxury jet for a paltry Rs 35 crore

After four unsuccessful bids, the transaction was completed last Friday through an e-auction following a Karnataka High Court order.

published on : 1st July 2018

Special court summons fugitive Liquor baron Vijay Mallya on August 27

If Mallya does not appear before the designated court within the given time, he will be declared as a 'fugitive' and ED will move to confiscate his assets worth Rs 12,500 crore, the court stated.

published on : 30th June 2018

Vijay Mallya denies Enforcement Directorate's 'plea bargain' allegations

Liquor baron Vijay Mallya's retaliation came after an ED official dismissed the former's offer to settle all dues if his seized assets were freed up.

published on : 30th June 2018
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