Banks allowed to utilise Mallya’s movable assets to clear debt
Wednesday, January 1st, 2020
Mumbai : A special court has permitted a consortium of 15 banks led by the State Bank of India (SBI) to utilise movable assets of former liquor baron Vijay Mallya towards repayment of his debt. The assets, comprising financial securities like shares of the United Breweries Holdings Ltd (UBHL), were attached by the special Prevention […]
