Latest News for: Bankrupt bank

Edit

Kingfisher Airlines case: Vijay Mallya mocks banks for saying he still owes them moneyMallya, who ...

Deccan Herald 29 Jul 2021
Banks ask Court to make me Bankrupt as they may have to return money to the ED ... ED attach my assets worth 14K crores at behest of Govt Banks against debt of 6.2K crores.They restore assets to Banks who recover 9K crores in cash and retain security over 5K crores more.Banks ask Court to make me Bankrupt as they may have to return money to the ED.
Edit

Explained | What Vijay Mallya's bankruptcy declaration means for him and the lendersA British court ...

Deccan Herald 28 Jul 2021
A consortium of Indian banks led by the State Bank of India (SBI) can now pursue a worldwide freezing order to seek repayment of debt owed by Vijay Mallya's Kingfisher Airlines ... UK High Court declares Vijay Mallya bankrupt for Indian banks to realise debt ... Under UK law, a bankrupt person must cooperate with the Trustee in Bankruptcy.
Edit

Declared bankrupt, Vijay Mallya launches rant on Twitter

Hindustan Times 27 Jul 2021
After being declared bankrupt by a British court allowing Indian banks to pursue his assets worldwide, Vijay Mallya launched a tirade on Twitter as he accused lenders pursuing of making him bankrupt. "ED attach my assets worth 14K crores at behest of Govt Banks against debt of ...
Edit

'Attaching Rs 14,000 Cr Against Rs 6,200 Cr Debt': 'Bankrupt' Mallya's Twitter Rant Against 'Incredible' ED

Yahoo Daily News 27 Jul 2021
He also levelled allegation that the banks are making him bankrupt since they have to return money to the ED ... Banks ask Court to make me Bankrupt as they may have to return money to the ED ... Vijay Mallya was declared bankrupt by the London High Court yesterday, with a consortium of ...
Edit

UK court declares Vijay Mallya as "bankrupt"; clears way for SBI-led banks to freeze his assets

International Business Times 27 Jul 2021
A UK court on Monday declared fugitive Indian businessman Vijay Mallya, the chairman of now defunct Kingfisher Airlines, as "bankrupt" ... The consortium of banks led by SBI had argued for the bankruptcy order to be granted in their favour ... UK court declares Vijay Mallya as "bankrupt"; clears way for SBI-led banks to freeze his assets.
Edit

UK Court Declares Indian Fugitive Businessman Vijay Mallya Bankrupt

The Tennessee Tribune 27 Jul 2021
LONDON — A United Kingdom court declared fugitive Indian businessman Vijay Mallya as bankrupt on July 26 and allowed Indian banks to pursue his assets worldwide ... The petitioners were a State Bank of India-led consortium of 13 Indian banks ... Banks ask the court to make me bankrupt as they may have to return money to the Enforcement Directorate.
Edit

UK High Court Declares Vijay Mallya Bankrupt

Yahoo Daily News 27 Jul 2021
A Chancery Division of the High Court in London on Monday, 26 July, declared businessman Vijay Mallya as bankrupt. Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs ruled, "As at 15.42 (UK time), I adjudicate Dr Mallya bankrupt," PTI reported.
Edit

DNA Explainer: Vijay Mallya is going bankrupt, know what is the bankruptcy process in India

DNA India 27 Jul 2021
Fugitive Indian businessman, the 65-year-old chairman of UB Group, Vijay Mallya was declared bankrupt on Monday by the Insolvency and Companies Court of the London High Court. After being declared bankrupt by the British court allowing Indian banks to pursue his assets ...
Edit

News updates from HT: PM asks BJP MPs to expose Oppn for stalling Parliament and all the latest news

Hindustan Times 27 Jul 2021
Declared bankrupt, Vijay Mallya launches rant on Twitter. After being declared bankrupt by a British court allowing Indian banks to pursue his assets worldwide, Vijay Mallya launched a tirade on Twitter as he accused lenders pursuing of making him bankrupt. "ED attach my assets worth 14K crores at behest of Govt Banks against debt of 6.2K crores ... ....
Edit

UK court declares fugitive Vijay Mallya bankrupt

Khaleej Times 27 Jul 2021
The verdict allows a consortium of Indian banks to pursue his assets worldwide. Fugitive Indian businessman Vijay Mallya on Monday was declared bankrupt by a British court, allowing Indian banks to pursue his assets worldwide ... to a consortium of banks in principal and interest.
Edit

UK court declares Vijay Mallya bankrupt allowing Indian banks to pursue his assets worldwide

Gulf News 27 Jul 2021
Fugitive Indian businessman Vijay Mallya on Monday was declared bankrupt by a British court allowing Indian banks to pursue his assets worldwide ... Mallya, the owner of the now-defunct Kingfisher Airlines, owes more than Rs 9 billion to a consortium of banks in principal and interest.
Edit

Vijay Mallya rants against ED, Indian Banks after UK court declares him bankrupt

Hindustan Times 27 Jul 2021
... went out on a rant against ED and Indian banks after a UK court declared him bankrupt.
Edit

'Incredible': Vijay Mallya goes on Twitter rant after being declared bankrupt

One India 27 Jul 2021
New Delhi, July 27. After being declared bankrupt by a British court allowing Indian banks to pursue his assets worldwide, Vijay Mallya unleashed a Twitter diatribe. "ED attach my assets worth 14K crores at behest of Govt Banks against ... .
Edit

Bank Holidays in August: Banks to be Closed for 15 Days Next Month. Full List Here

Yahoo Daily News 27 Jul 2021
Banks across India are looking at another large number of holidays in the month of August, 2021 ... However, when considering all leaves for banks in the coming month, the date stands as of August 1, as it is the first Sunday and the first day of the month ... UK court declares Vijay Mallya bankrupt allowing Indian banks to pursue his assets worldwide.
Edit

US bans flights operating below 26,000 feet over Afghanistan, says Aviation Agency

Yahoo Daily News 27 Jul 2021
Read full article. ANI. 27 July 2021, 12.37 am·1-min read. Representative image. Washington [US], July 27 (ANI/Sputnik) ... The FAA said the restrictions do not apply to US military flights ... (ANI/Sputnik). TRENDING. The Quint. Himachal Landslide ... UK court declares Vijay Mallya bankrupt allowing Indian banks to pursue his assets worldwide ... .
×