Friday, November 30, 2018

Indian banks secure UK court order related to Vijay Mallya yacht sale

Indian banks secure UK court order related to Vijay Mallya yacht sale In a ruling by Justice Phillips in the court#39;s Business and Property division on Wednesday, the 13 Indian banks were given permission to use certain information disclosed in court as part of a worldwide freezing order (WFO) against the 62-year-old businessman in an unrelated case involving the sale of a luxury superyacht believed to be previously owned by Mallya before he abandoned it last year.

from Moneycontrol Business News https://ift.tt/2QmAK9B

No comments:

Post a Comment

Who is Ebrahim Raisi, Iran's president whose helicopter suffered a 'hard landing' in foggy weather?

News of his helicopter making what state media described as a "hard landing" on Sunday immediately brought new attention to the le...