In a relief to Liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around GBP 1.145 billion from him.
Vijay Mallya gets bankruptcy reprieve from UK High Court
Reviewed by Shahid Karimi
on
April 09, 2020
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