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Vijay Mallya loses court battle in UK, to pay USD 90 mn in claims linked to Kingfisher Airlines


Vijay Mallya loses court battle in UK, to pay USD 90 mn in claims linked to Kingfisher Airlines
Vijay Mallya loses court battle in UK, to pay USD 90 mn in claims linked to Kingfisher Airlines
The Legal Claim Relates To A Leasing Agreement Between Kingfisher Airlines And Aircraft Leasing Company BOC Aviation Involving Four Planes, Of Which Three Were Delivered.
PTI
| Updated on: 12 Feb 2018, 08:14:41 PM
London/Singapore:
Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated $90 million in claims.
The latest case involving the 62-year-old businessman, whose extradition case over alleged loan defaults amounting to around Rs 9,000 crores returns to Westminster Magistrates Court in London on March 16, is related to the leasing of aircraft by Kingfisher Airlines dating back to 2014. ....

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