The agency said that since all the applicants, except one, were public banks, the money sought to be recovered was public money, restoration of assets in their favour was in public interest.
Troubled Indian businessman Vijay Mallya is set to make a rare public appearance in the United Kingdom on Friday when he is scheduled to attend the team bosses press conference ahead of the Formula 1 British Grand Prix.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
Pune firm buys 24.46% stake from open market to become largest shareholder.
Vijay Mallya has lost control of his companies.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
The ED has registered a money laundering case against Mallya and others based on an FIR registered last year by the CBI.
ED had claimed that Mallya was summoned on four occasions for questioning in connection with a contract signed in December 1995 with London-based firm Benetton Formula Ltd for promotion of the Kingfisher brand abroad.
A Hyderabd court issued a non-bailable warrant against Kingfisher as well as Mallya on Friday in a cheque bounce case, said a Times Now report.
The employees have alleged that Mallya, who has been giving them false promises, has been able go away scot free by eliciting "political favours".
Poddar-Mallya agreement on running MCF likely to be re-worked.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
Sahara Force India do not depend now just on wet weather conditions to upset the big teams as the car is competitive enough in all conditions, team principal Vijay Mallya asserted on Monday.
'He proved it once again when he reportedly had beer -- and other kinds of liquor -- served on the A380, the big bird from Airbus Industrie on its first flight within India.'
Force India co-owner Vijay Mallya reminded drivers Sergio Perez and Esteban Ocon that the team must take priority after a collision at the Azerbaijan Grand Prix wrecked hopes of a first win in Formula One.
A Delhi court has issued notice to liquor baron Vijay Mallya on ED's plea seeking to withdraw the exemption granted to him from personal appearance in a case for allegedly evading summons in connection with purported violation of foreign exchange rules.
Vijay Mallya had indicated last month that he wanted to move to the UK to be closer to his children.
Nearly 700 of the 1,500 employees, who still claim to be on the payroll of the defunct airline, are women.
Liquor baron Vijay Mallya on Wednesday met Oil Secretary S Sundareshan to discuss defaults by his group firm Kingfisher Airlines on payment of jet fuel bills, but did not say when he will clear the outstanding of Rs 176 crore (Rs 1.76 bilion).
The association also wondered how the brand value of Kingfisher was considered as a collateral while sanctioning a loan, and alleged that even when RBI knew that this was a "deliberate default", no action was taken by the banks.
Vijay Mallya was made a Member of Parliament's standing committee on chemicals and fertilisers earlier this year.
Kingfisher Airlines may cut jobs, UB group chairman and CEO Vijay Mallya said on Thursday.
British magistrate presiding over Mallya extradition case says India's prison standards are not up to the mark
Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.
A week after lenders invoked more of pledged shares, they did so again.
BJP spokesperson alleges that the then Principal Secretary to Prime Minister Pulok Chatterjee would "snatch files" from Dr Manmohan Singh to take it to 10 Janpath, Sonia Gandhi's residence.
Vijay Mallya has not informed Rajya Sabha secretariat about his whereabouts or that he would be leaving country.
Indian Premier League franchise Royal Challengers Bangalore has notified the Board of Control for Cricket in India about Vijay Mallya's resignation as Director of Royal Challengers Sports Private Limited (RCSPL).
Mallya might continue to elude ED, CBI interrogation in the short term but could still be extradited to India
A tribunal on Monday halted a $75-million settlement due to be paid by Diageo Plc to Mallya.
The court noted that despite repeated orders, Mallya did not appear in the court and it was inevitable for the state machinery to intervene and ensure his presence.
JSW Steel chairman Sajjan Jindal confirmed that his group is acquiring an IPL side.
The court has now put up the matter for further hearing on October 4
The aircraft was earlier owned by EIH (Oberoi group).
Kishore Chhabria and Vijay Mallya have called truce. What drove Mallya to the negotiating table? What does it mean for Chhabria?
For almost all the properties owned by Vijay Mallya, the reserve price has been marked down after the earlier attempts failed to attract bidders.
Sanofi India is seeking approval of the shareholders for perpetuity.
India on April 28 asked the UK authorities to deport Mallya.
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