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Monday, January 6, 2020

Vijay Mallya can’t use pendency of plea to stall cases abroad, says SC

Vijay Mallya can’t use pendency of plea to stall cases abroad, says SC
“Mallya has been hanging the carrot of settlement before the SBI-led bank consortium from whom loans were taken. Not a single rupee has come. SBI has filed insolvency proceedings against Mallya in London court. Hearing is concluded. Now, he has said a proposal is pending before the SC here… So, the UK court is waiting,” the SG said.

Source: TFE