High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya
Mallya allowed some access to UK court-held funds to meet legal, living expenses
PTI
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× Embattled liquor tycoon Vijay Mallya was granted access to around 1.1 million pounds from court-held funds to meet his living expenses and legal costs by the High Court in London on Monday.
Deputy Insolvency and Companies Court Judge Nigel Barnett presided over a remote hearing to rule over the level of access to the funds held with the Court Funds Office (CFO), as part of bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI) in pursuit of unpaid loans.
Vijay Mallya applied for another route to stay in UK, says his lawyer
Vijay Mallya applied for another route to stay in UK, says his lawyer
Vijay Mallya, who is due to be extradited to India, has applied for another route to be able to stay in the UK, according to the barrister representing him.
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File photo of Vijay Mallya (Reuters)
According to the barrister representing Vijay Mallya, the embattled liquor tycoon, who is due to be extradited to India, has applied for another route to be able to stay in the UK.
Barrister Philip Marshall, representing Mallya in bankruptcy proceedings in the High Court in London has confirmed in the court for the first time.
Vijay Mallya Applies for Another Route to Remain in the UK
There is widespread speculation that he had sought asylum in the UK, details of which are neither confirmed nor denied by the Home Office in Britain.
Vijay Mallya. Photo: Reuters
Law23/Jan/2021
London: Vijay Mallya, who is due to be extradited to India, has applied for “another route” to be able to stay in the UK, the embattled liquor tycoon’s barrister representing him in bankruptcy proceedings in the High Court here confirmed in the court for the first time.
The 65-year-old businessman, whose legal challenge to the Indian government’s extradition request was turned down at the Supreme Court level in the UK last year, remains in Britain on bail until UK Home Secretary Priti Patel signs off on the order for him to be extradited to India to face charges of fraud and money laundering related to the now-defunct Kingfisher Airlines.
Vijay Mallya. File.
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Reuters
It is likely that the reference is to an asylum route, which, according to legal experts, would depend upon whether Mallya applied for asylum prior to the extradition request or after. Vijay Mallya has applied to Home Secretary Priti Patel for “another route” to be able to stay in the U.K., the liquor tycoon’s barrister representing him in bankruptcy proceedings in the High Court in London confirmed during a remote hearing on January 22.
The 65-year-old businessman, whose legal challenge to the Indian government’s extradition request was turned down at the Supreme Court level in the U.K. last year, remains in Britain on bail until Ms. Patel signs off on the order for him to be extradited to India to face charges of fraud and money laundering related to the now-defunct Kingfisher Airlines.