alexa

Search in Indianmoney's WealthPedia

 
Home News Court allows liquidation of Vijay Mallya's assets

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Child Insurance ULIPsClick Here
 
 
Court allows liquidation of Vijay Mallya's assets

Court allows liquidation of Vijay Mallya's assets

Wednesday, January 1, 2020, 1:43 PM

A special-purpose court dealing with money-laundering offenses has allowed banks that lent money to Vijay Mallya to utilize the embattled liquor baron's seized assets, which could fetch the lenders about Rs.11,000-crore more than what they had advanced. However, PMLA court in Mumbai also said the ruling has stayed till January-18 until which all parties affected by the order could appeal to the Bombay HC.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.