Home World In major win, Indian banks can seize Mallya’s global assets

In major win, Indian banks can seize Mallya’s global assets

By
Arpita Goswami
-
532
0
(G.N.S) DT.09 In a win for 13 Indian banks, a UK court has refused to set aside an order by India’s Debt Recovery Tribunal, which had resulted in worldwide freezing of Vijay Mallya’s assets. The banks can now sell Mallya’s assets in England and Wales worth his Rs. 9,000cr-debt. This

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