Vijay Mallya settles for more time to pay up for London home – Times of India

LONDON: liquor baron vijay Mallya, who is facing legal proceedings for allegedly defaulting on loans of over Rs 9,000 crores from several banks, is believed to be at his country home in an English village about an hour’s drive north of London. The UB Group chairman and Rajya Sabha member is thought.

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Mallya settles for more time to pay up for London home. PTI London. Updated:. Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

Former Indian tycoon Vijay Mallya was arrested Tuesday in London in. return him to his home country to face fraud and money laundering charges. The self-proclaimed “King of Good Times,” who led a.

Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home. More London: Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

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Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April 2020 to pay off a mortgage loan for his central london home. mallya settles for more time to pay up for London home.

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NEW DELHI: Indian banks may be looking for Vijay Mallya to pay up Rs 9,000 crore, but the "wilful defaulter’s" flight out of India was in the lap of luxury. Mallya took Jet Airways’ Delhi-London.

Vijay Mallya gets one more year to pay up for his London home The bank had sought possession of the 63-year-old businessman’s plush Cornwall Terrace apartment over the non-payment of a 20.4-million pounds loan and a trial in the case was due last week.

Vijay Mallya settles for more time to pay up for London home. Mallya is wanted in India on charges of fraud and money laundering amounting to an alleged Rs 9,000 crores.. The 63-year-old.