Wilful Defaulter

Vijay Mallya extradition trial resumes in London, court to decide on 'admissibility' of evidence submitted by ED, CBI

Judge Emma Arbuthnot will rule on the evidence, following which she is expected to set a timetable for closing arguments and her verdict on whether Vijay Mallya can be extradited to India

Vijay Mallya extradition trial: More defence witnesses to depose at fourth hearing today

Vijay Mallya, 61-year-old liquor baron, will be back in the dock at Westminster Magistrates' Court in London for day four of hearing

Vijay Mallya extradition trial: CBI, ED team in London; agencies say they have solid evidence against liquor baron

The CBI-ED team will assist Crown Prosecution Service lawyers for securing Vijay Mallya's extradition to India

Insolvency code tightened: President okays ordinance, barring defaulters from bidding for stressed assets

The amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.

Kingfisher-IDBI case: Vijay Mallya floated 20 shell cos, directors were his personal staff, says ED

The charge sheet said Mallya had “formed a complex web structure of his group companies so as to indirectly control their affairs”

Bank NPA crisis: Narendra Modi needs to do a real ‘surgical strike’ on bad loans, not random shots

Now that March-deadline for the RBI has passed, have banks reported all of their NPAs keeping to the central bank deadline?

Vijay Mallya’s arrest, bail in London: Liquor baron proves why he isn't easy catch for Narendra Modi govt

The next big challenge for banks and government lies in ensuring a follow up action against Mallya and get the baron extradited at the earliest

Vijay Mallya-Kingfisher case: Did Manmohan Singh government aid the liquor baron?

With the BJP taking up the issue claiming evidence, political pressure will mount on the UPA leadership to come clean on the matter

SBI's Bhattacharya says not to write off Rs 7,000 cr loans, will go after wilful defaulters

SBI chairman, Arundharti Bhattacharya said it only an accounting entry, and will not write off the loans of the top defaulters

Poster boy of bad loans: Why Vijay Mallya is partly right in playing the victim

Vijay Mallya is partly correct as the government policy was a factor in the decline of Kingfisher Airlines. But it has to be remembered that other airlines too were operating in the same system.