The high court judgment will help the banks led by SBI to move a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines.
Vijay Mallya also claimed that ED, CBI have treated him 'unreasonably' and also offered to repay banks 100 per cent of the principal amount owed to them.
Vijay Mallya’s palatial French island home which has a cinema, private helipad & even its own nightclub has fallen into disrepair, says Ansbacher & Co.
Vijay Mallya has owned the top-rated Kunigal Stud Farm since 1988, but after his escape to London, it has been struggling financially & is facing foreclosure.
In a series of tweets, Vijay Mallya said he had offered to pay back 100% of the principal amount to banks and the government, but his offer was refused.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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