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DRT directs J P Morgan Bank not to disburse $40 mn to Mallya

Vijay Mallya, whose now-defunct group company Kingfisher Airlines owes over Rs 9,000 crore (Rs 90 billion) to 17 banks, had left the country on March 2. In another blow to beleaguered......

Mallya case: Diageo questions DRT's power to attach money

The company contented before the tribunal that the amount was paid outside India.     Diageo Plc on Thursday challenged Debt Recovery Tribunal's power to direct it to deposit $40......

HC stays DRT order attaching govt properties

The Mumbai high court on Tuesday stayed till June 13 an order of a Debt Recovery Tribunal attaching immoveable properties of Maharashtra government and its two accounts maintained by Reserve Bank......

Mr Jaitley, when will you fix the economy?

'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.Illustration: Uttam Ghosh/Rediff.com The dust is now settling from demonetisation and the Budget. It is......

Banks told to recover Rs 6,203 crore from Mallya

The order brings an end to the nearly three-year legal battle in the Tribunal by the consortium, comprising 17 banks, to recover the money owed to them by the defunct airlines. The Debt Recovery......
  Web results for Drt
ED attaches assets of Deccan Chronicle Holdings Limited

[India], Mar. 28 (ANI): The Enforcement Directorate has attached the assets of Deccan Chronicle Holdings Limited (DCHL), Hyderabad in a bank loan... ...

http://www.sify.com/news/bank-fraud-case-ed-attaches-assets-of-deccan-chronicle-holdings-limited-news-national-rd2sM1dggfaee.html
Karnataka HC re-issues bailable arrest warrant against Mallya

The Karnataka High Court today re-issued a bailable arrest warrant against liquor baron Vijay Mallya for allegedly violating an undertaking by him... ...

http://www.deccanherald.com/content/600549/karnataka-hc-re-issues-bailable.html
On January 19, DRT had ordered banks to start the process

of recovering Rs 6,203 crore at annual interest rate of 11.5 per cent from Mallya and his companies including UBHL in the Kingfisher Airlines case. ...

http://www.dnaindia.com/money/report-on-january-19-drt-had-ordered-banks-to-start-the-process-2349241
Divan, who initiated the arguments, referred to various

orders passed by the Debt Recovery Tribunal (DRT), the High Court and the Supreme Court and said that the DRT has passed a decree in favour of the... ...

http://www.dnaindia.com/money/report-divan-who-initiated-the-arguments-referred-to-various-2347997
SC asks Mallya whether he truthfully disclosed assets

The Supreme Court today put forth searching questions to liquor baron Vijay Mallya on the disclosure of his assets to the court. A bench comprising... ...

http://www.deccanherald.com/content/600330/sc-asks-mallya-he-truthfully.html

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