Mallya case in UK: Trial and verdict

Mallya approached the England and Wales High Court to set aside an order registering the DRT ruling and to set aside a worldwide freezing order. But the court rejected his appeal. (Reuters File Photo)

On January 19, 2017, the Bengaluru bench of the Debt Recovery Tribunal passed an order allowing a consortium of 13 banks led by SBI to recover worldwide more than Rs 9,000 crore from industrialist Vijay Mallya. He then moved the England and Wales High Court against the order of the DRT. The court gave the order in favour of the DRT. For the full text of the UK court’s judgement, check: 

 

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Mallya case in UK: Trial and verdict

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