Fugitive Vijay Mallya gets bankruptcy reprieve from UK High Court

In a relief to Liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around GBP 1.145 billion from him.

from IndiaTV India: Google News Feed https://ift.tt/39Ye8Sz
via Today’s News Headlines