News Details

Indian state bank calls for Mallya's arrest

Embattled business tycoon Vijay Mallya on Thursday rejected calls for his arrest. Amid the ongoing fallout from the collapse of his airline Kingfisher, the State Bank of India on Wednesday had also asked an Indian court for the seizure of the Force India chief's passport over unpaid loans. Local reports also said the court was asked to seize Mallya's assets including his new $75 million severance payout by the liquor giant Diageo. Confirming the applications had been made, a lawyer for Mallya told the IANS news agency: 'We are filing our objections today on the merit that the tribunal was not the right forum to seek a defaulter's arrest or impound his passport.' Mallya reportedly owes the...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Perez denies Force India is "showboating"

Sergio Perez has denied his Force India team has been...
9y ago from Motorsport.com

Mallya rubbishes talk of Force India resignation

Force India's team principal and managing director Vijay Mallya has...
9y ago from Motorsport.com

Mallya: F1 has nothing to do with my stepping down

Vijay Mallya has hit back at speculation his involvement in as boss...
9y ago from GrandPrix247.com

Nothing has changed at Force India – Mallya

Vijay Mallya has hit back at speculation his involvement in the F1 team...
9y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu eyes 2027 regulations ahead of...

Toprak Razgatlioglu is already looking ahead to the 2027 MotoGP...
15h ago from MotorsportWeek.c...

Honda test rider Takaaki Nakagami to replace Luca...

Honda test rider Takaaki Nakagami has been announced as a replacement for...

Popular On IndyCarToday.com

Nolan Siegel apologizes for profanity-filled radio rant

Arrow McLaren driver Nolan Siegel has apologized for what he said over...

IndyCar breaks 1 million US TV viewers for third...

The NTT IndyCar Series is nearly through the first year with its new...

Popular On TotalWRC.com

Popular On GunnersToday.com

How Arsenal’s summer transfer window is reshaping...

For each of the last three summer transfer windows, critics, fans, and...
1h ago from FreshArsenal.com

Supercomputer predicts where Arsenal, Liverpool,...

A supercomputer has predicted how the Premier League table will look at...
5h ago from SportsKeeda.com

'We will never force or blackmail Leipzig' - Benjamin...

Amid Arsenal links, Benjamin Sesko's agent, Elvis Basanovic, has made it...
5h ago from SportsKeeda.com

'Arteta made it clear…': Journalist confirms...

Benjamin Sesko has been linked with a move to the Premier League in recent...
8h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.