Personal guarantees may aid bad loan resolution
In a notification on November 15, the ministry of corporate affairs (MCA) included personal guarantees on corporate loans under the bankruptcy code effective from December 1. The promoters who have given personal guarantees include Jet Airways founder Naresh Goyal & The Ruia family which just last week lost its Rs 42,000 crore battle to keep Essar Steel.
IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter'
IDBI Bank NPA Management Group in Mumbai issued a public notice about wi...
Supreme Court rejects CBI contention that flight risk of economic offenders a "national phenomenon"
The apex court, which granted bail to P. ...
Vijay Mallya in a spot for ‘maligning’ Indian judiciary in English courts
Fugitive businessman Vijay Mallya has to deposit Rs 3,101 crore in the Debt Recovery Appellate Tribunal (DRAT) if his appeal before it has to be heard.
This LOC too is causing anguish, of a different kind
Most LOCs are only too real as a number of businessmen have been discovering to their discomfort.
CIC allows CBI to withhold information on Mallya's extradition expenses
Deciding on a plea of Pune-based activist Vihar Durve, Information Commissioner Divya Prakash Sinha said the expenses were by the Indian government to bring back Mallya to India.
Chidambaram behaves like Vijay Mallya, Nirav Modi: BJP
Chidambaram's lawyer has challenged the Delhi High Court's order rejecting his request for protection from arrest.
ED investigates 5 companies in connection with Vijay Mallya
The federal anti-money laundering agency suspects that these ‘dummy companies’ were allegedly controlled by Mallya.
Vijay Mallya approaches SC against confiscation of properties
Vijay Mallya is seeking a stay on the confiscation of properties owned by him.
Vijay Mallya makes another offer of 100 per cent loan payback
The 63-year-old former Kingfisher Airlines boss quoted finance minister Nirmala Sitharaman's Lok Sabha statement from last week in his latest offer.
Vijay Mallya-linked companies face Diageo’s enforcement steps
Diageo didn’t specify how it would enforce the order. The firm and Mallya didn’t respond to emails seeking comment.
Govt & banks can drive anyone to despair: Vijay Mallya on Siddhartha's suicide
Mallya alleged that he is also being harassed by the government agencies and banks in the same manner as the CCD founder.
High Court refuses interim relief to Vijay Mallya
Now, proceedings initiated against Mallya under FEO Act will continue uninterrupted.
Vijay Mallya cries foul over ‘no fair hearing’ given
Vijay Mallya’s SC plea, in which he cries victim and claims ‘no fair hearing’ givenVijay Mallya cries foul over ‘no fair hearing’ given
Vijay Mallya moves SC seeking stay on confiscation of properties
Fugitive businessman Vijay Mallya on Saturday moved the Supreme Court seeking a stay on the confiscation of properties owned by him and his ...
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service