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UK court orders sale of Force India yacht linked to Vijay Mallya

UK court orders sale of Force India yacht linked to Vijay Mallya

Monday, January 27, 2020, 8:14 PM

A British-court ordered that a luxury yacht owned by Force-India-Limited be sold and its proceeds be used to pay-back Qatar National-Bank to enforce its mortgage on the vessel. During court proceedings, brought by the bank in the Admiralty Division of the HC in England, it had been claimed that liquor tycoon Vijay Mallya's son Siddharth Mallya was the ultimate beneficial owner of the yacht.
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