Qatar National-bank

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UK court orders sale of Force India yacht linked to Vijay Mallya; proceeds to be used to pay back Qatar National Bank loan
Business

UK court orders sale of Force India yacht linked to Vijay Mallya; proceeds to be used to pay back Qatar National Bank loan

During court proceedings, brought by the bank in the Admiralty Division of the High Court in England, it had been claimed that liquor tycoon Mallya's son Siddharth was the ultimate beneficial owner of the yacht.

Indian banks win UK court order to seek details of liquor tycoon Vijay Mallya's asset ownership
Business

Indian banks win UK court order to seek details of liquor tycoon Vijay Mallya's asset ownership

In the latest application this week, they are seeking full disclosure of the complex ownership structure of many of the assets they believe ultimately belong to Mallya.