He claims that his offer to pay back the debt owed by his now-defunct airline had been rebuffed by the banks and the Indian government.
RTI activist Anil Galgali had asked SBI about the total amount of loans given to the beleaguered businessman.
The special court on Monday rejected Kingfisher's plea challenging ED's claim that Rs 430 crore (Rs 4.3 billion) was siphoned off and used to acquire properties abroad.
A Special Court for Economic Offences has ordered summons to be issued against him over dues from his Kingfisher Airlines to the I-T Dept.
Here's a look at what your favourite celebrities are tweeting.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
The Supreme Court on Thursday gave a final opportunity to fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, to appear before it personally or through his lawyer in a contempt case where he has been found guilty. The top court said it has given multiple opportunities to Mallya to appear either personally or through a lawyer and had even given specific directions in its last order dated November 30, 2021. A bench of justices U U Lalit, S Ravindra Bhat and P S Narasimha posted the contempt case for further hearing after two weeks, saying that respondent contemnor (Mallya) is at liberty to act as per direction given in order dated November 30 last year, failing which the matter shall be taken to its "logical conclusion".
The sweet chemistry between Rajkummar Rao and Dayana Erappa is breaking the Internet, and everyone wants to know who the lovely lady is!
Probe agency to set up special software to probe money trail in the case.
Mallya holds a 32.86 per cent stake in United Breweries, after having ceded control to Dutch brewer Heineken in December last year.
Former captain and Cricket South Africa Director of Cricket Graeme Smith will take the knee along with players and staff in support of the Black Lives Matter (BLM) movement during the 3TC Solidarity Cup at the Centurion. Smith said he backed national team pacer Ngidi Lungi on the BLM movement which gathered momentum following the death of African-American George Floyd.
The Insolvencies and Companies Court of London high court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallya's personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders - at whose behest the bankruptcy proceedings were initiated in the UK courts.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
Mallya, whose Kingfisher Airlines owes money to several banks, had on Thursday said he will challenge UBI's decision to declare him a willful defaulter.
Meet the gorgeous former Kingfisher model who's set to make her acting debut with Mehra's next film.
Aishwarya Sushmita, who hails from Darbhanga, Bihar, talks about her journey, what she likes about modeling.
Mallya now has 14 days from February 4 to apply for leave to appeal to the UK high court.
The court had on January 4 declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he failed to appear before it despite repeated summonses.
Vijay Mallya, who is being pursued by Indian authorities over unpaid loans tied to his defunct Kingfisher Airlines, has taken steps that could see India disappear from the name of his Formula One team.
Embattled liquor baron Vijay Mallya, who lost his UK high court appeal against an extradition order to India, has said that he is "disappointed" with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.
The total amount of penal interests charged from the defaulting parties stood at about Rs 115 crore.
The Kingfisher Calendar girl is all set to star opposite Power Star Pawan Kalyan in his next movie The Shadow.
The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.
The ED has registered a money laundering case against Mallya and others based on an FIR registered last year by the CBI.
Kingfisher Premium has opened up its 'World' with an online consumer initiative to select the "face of Kingfisher" giving the winner access to all kinds of goodies.
A spokesperson in the UK high commission said the issue is "confidential" and added: "We cannot estimate how long this issue will take to resolve." "Vijay Mallya last month lost his appeal against extradition, and was refused leave to appeal further to the UK Supreme Court. However, there is a further legal issue that needs resolving before Mr Mallya's extradition can be arranged," the spokesperson said.
Nagaland model Katheleno Kenze, who was featured in Kingfisher Swimsuit Calendar 2014, talks about her modelling career and offers fitness, style and career tips.
Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".
Vijay Mallya has lost control of his companies.
Wanted diamond merchant Nirav Modi, whose extradition to India was ordered in April by UK Home Secretary Priti Patel in the estimated USD 2-billion Punjab National Bank (PNB) scam case, has lost the first stage of his extradition appeal in the high court in London.
Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
Sources said Mallya has also been asked to furnish documents related to his personal finances
Here's the full text of the statement
The 63-year-old former Kingfisher Airlines boss, an avid cricket fan, is wanted in India on fraud and money laundering charges amounting to an alleged Rs 9,000 crores.
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
These hotties have been the toast of the fashion world this year.
Vijay Mallya is accused of money laundering and violating the FEMA.
