Home FEATURED NEWS Will give up Indian assets, if bankruptcy plea comes through: Banks

Will give up Indian assets, if bankruptcy plea comes through: Banks

0
Will give up Indian assets, if bankruptcy plea comes through: Banks

[ad_1]

Mumbai: The State Bank of India led consortium, has told UK’s chief insolvency and companies court that it will give up security over beleaguered Indian baron Vijay Mallya’s Indian property (UBHL shares and other assets) in the event a bankruptcy order is passed in the UK. The banks submitted a amended skeleton argument in July – essentially a summary of the issues to be addressed – to this effect.In April 2020, the London court had adjourned



[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here