UK Court Declares Vijay Mallya as ‘Bankrupt’
A UK court on Monday declared fugitive Indian businessman Vijay Mallya, the chairman of now defunct Kingfisher Airlines, as “bankrupt”. The UK court order comes as a massive boost for the consortium of banks led by the State Bank of India (SBI) to initiate freezing of assets owned by Mallya’s Kingfisher Airlines, both in India […]