- Tag results for Vijay Mallya
In response to an RTI application filed by Pune-based Vihar Durve, the agency has cited section 8(1)(h) of the act to deny the information.
As per Section 281 of the Act, auction or transfer of assets involved in any case being handled by the department requires an assessee to obtain permission from the assessing officer.
Mallya has been declared a proclaimed offender by the court on January 4 for evading its summons in the case.
The tribunal said that once the banks, which are secured creditors, have obtained the final decree from the court, they are bound to receive the default loan amount from Mallya and his companies.
Recalling Mallya’s contention that all his properties and money have been under freezing orders of courts in India and UK, the High court said that the order does not avail to him.
Addressing a press conference here, Congress chief spokesperson Randeep Singh Surjewala said Indian banks, to whom Mallya owes money, lost out in the sale of Force India team.
Russian fertiliser group Uralkali said that by turning down its higher bid for the company, the administrators had denied the extra funds that would have accrued to the shareholder of Force India.
Mallya, his now-defunct venture Kingfisher Airlines Limited and others availed loans from various banks and the outstanding amount, including interest, now stands at Rs 9,990.07 crore.
With his barbs against the PM drawing applause, Rahul claimed Modi, when challenged in Parliament to answer his questions, could not look into his eyes.
He claimed that the CBI shifted its stance in the Mallya case thrice and asked who in the prime minister's office nudged the investigation agency to do so.
The agency reiterated its position that there were no grounds to arrest Mallya on November 24, 2015 when he returned from London on the basis of the lookout circular.
Several central agencies are probing irregularities in the examinations conducted by Madhya Pradesh Professional Examination Board, also called VYAPAM in Hindi.
The CBI had registered two cases against Mallya related to the IDBI loans in 2015 and consortium loan in 2016.
Congress senior spokesperson Randeep Surjewala also questioned as to why no action was taken despite two banks issuing notices stating that Mallya was a willful defaulter.
Congress' charge against Finance Minister Arun Jaitley over meeting with Vijay Mallya ridiculous: Shiv Sena
The saffron party asked if the Congress knew about their meeting, why did it remain silent all these years.