Vijay Mallya given some access to UK court-held funds to meet legal, living expenses
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Last Updated: Feb 09, 2021, 09:39 AM IST
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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.
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LONDON: 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.
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.