Appeals over Vijay Mallya’s bankruptcy described by judge as ‘Alice in Wonderland’ case
Friday, 21 February 2025 () Indian businessman Vijay Mallya's bankruptcy appeal in the UK concluded, with a judge’s decision pending. Mallya argues that the banks’ realized assets exceed his debt. However, banks claim potential recoveries are contingent on legal outcomes in India, where Mallya owes £1.05 billion.
Fugitive businessman Vijay Mallya's lawyer accused banks of acting in bad faith during his bankruptcy appeal in a London court. Judge Sir Anthony Mann dismissed.. IndiaTimes
Indian businessman Vijay Mallya's bankruptcy appeal in the UK concluded, with a judge’s decision pending. Mallya argues that the banks’ realized assets... IndiaTimes