Karnataka High Court: Vijay Mallya’s Flamboyant Lifestyle Hinders Settlement of Bank Claims - (16 Oct 2026)
BANKING
Karnataka High Court observed that Vijay Mallya’s flamboyant lifestyle was hindering closure of loan recovery proceedings. It granted relief to Diageo Holdings Netherlands BV, holding that its claim over pledged UBL shares ranked above that of the banks.
Tags : FLAMBOYANT LIFESTYLE; BANK CLAIMS; VIJAY MALLYA
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