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EMBATTLED Indian businessman Vijay Mallya on Tuesday (18) lost a legal battle to hold on to his London home after a UK… Continue reading Mallya can be evicted from London home over unpaid loan: Court
Embattled businessman Vijay Mallya on Tuesday lost a legal battle to hold on to his plush London home after a British court refused to grant him a stay of enforcement in a long-running dispute with Swiss bank UBS.
The judge also declined permission to appeal against his order or to grant a temporary stay of enforcement, which means UBS can proceed with the possession process to realise its unpaid dues.
Fugitive liquor baron Vijay Mallya today lost a legal battle to hold on to his plush London home after a British court refused to grant him a stay of enforcement in a long-running dispute with Swiss bank UBS.