Indian booze mogul who once owned Perthshire castle has French property seized during financial investigation
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An eccentric Indian politician and businessman who once owned a Perthshire castle has had a 1.6 million Euro property seized by French finance authorities.
Indian economic intelligence agency the Directorate of Enforcement (ED) asked officials in France to take over the property belonging to fugitive businessman Vijay Mallya earlier this month.
International press have reported that ED launched an investigation into potential money laundering following a report from the Indian Central Bureau of Investigation (CBI) against Kingfisher Airlines Limited, Mallya and others in 2016.
1913 wilful defaulters together owe Rs 1.46 LAKH CRORE to banks as on Jun 2020: RBI
Agencies
December 17, 2020
Hyderabad, Dec 17: The Reserve Bank of India (RBI) has said there are 1,913 wilful defaulters, who together owed Rs 1.46 lakh crore to banks as on June 2020.
Pune-based RTI activist Vivek Velankar had filed the RTI application with RBI to get information on wilful defaulters.
He said, The information shared by RBI reveals that there are 264 wilful defaulters who defaulted on a loan of Rs 100 crore and above owe Rs 1,08,527 crore to banks.
Sharing with UNI, the RBI information to Mr Velankar, All India Bank Employees Association (AIBEA) General Secretary Ch Venkatachalam on Thursday said, While the common borrowers are struggling with repaying equated monthly instalments (EMIs) of their loans and also face harassment for missing a single EMI, big and wilful defaulters seem to not only go scot-free but also live life king-size without any worry or fear of any action
The End Of A Saga- The Conundrum Of Arbitrability Of Landlord-Tenant Disputes livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
Himangi
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2 and held that the
tenancy disputes are now arbitrable as the Transfer of Property
Act, 1882 (
TP ACT ) does not
foreclose arbitration, save and except for those tenancy disputes
which are governed by rent control legislations as specific forums
have been given exclusive jurisdiction to decide the special rights
and obligations of the parties.
3 and held
that while deciding an issue of public policy or public interest,
reference to dispute resolution mechanisms cannot be held
foreclosed.
THE JOURNEY SO FAR
Over the years, various conflicting judgments were pronounced by
various High Courts in India on the issue whether disputes arising