Without the help of ruling politicians, could Vijay Mallya and. was not to collect more money but to prohibit people from.
· London, Nov 22: A London Court has reportedly ruled in favour of Swiss bank UBS, which had sought repossession of Vijay Mallya’s property at Cornwall Terrace, in central London, over the non-payment of a 20.4-million pounds mortgage loan. In what is being seen as a major setback for Mallya, the UK High Court earlier rejected many of the arguments relied on by his legal team.
He was worth a staggering Rs 1,075 crore at one time. He owned 15 residences across the world, several luxury cars and rare.
LONDON: Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.
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People who can’t repay their loans, for example Vijay Mallya, Nirav Modi. showed the hero beating up the villain with his bare hands. Most of the times either the hero is flying to attack.
The Supreme Court was told on Wednesday that beleaguered liquor baron Vijay Mallya has on Wednesday morning offered to pay Rs.4,000 crore for settling outstanding dues against the grounded Kingfisher Airlines on account of loans extended to it by a consortium of 13 banks headed by the State Bank of India.
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A report headlined Mallya beats banks to Diageo’s $40 m’ in The Times Of India, on Wednesday, read “disclosures have revealed that the British giant [Diageo] has already paid the UB Group.
Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April 2020 to pay off a mortgage loan for his central london home. mallya settles for more time to pay up for London home.
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· Former Indian tycoon Vijay Mallya was arrested Tuesday in London in what was seen as the start of a lengthy legal battle to return him to his home. India’s former King of Good Times.
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Vijay Mallya settles for more time with Swiss bank to pay off mortgage for plush london home business press Trust of India May 15, 2019 07:17:23 IST The bank had sought possession of the plush Cornwall Terrace apartment over the non-payment of a 20.4-million pounds loan