Monday, February 06 2023

May 10, 2018

Assets of Vijay Mallya in London can be seized

High Court in London declared that an Indian courts judgement against fugitive businessman Vijay Mallya can be legally enforced in Britain.This is a major success to Indian banks in Mallya case.The High Court remained unconvinced by 62 year old fugitive businessman claim that he has been a NRI since 1988 and has lived in UK since 1992, a country where he has indefinite leave to remain.