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DRT Allows Banks To Recover Rs.6,203 Cr From Vijay Mallya, His Firms [Read Order]
Ashok KM
22 Jan 2017 2:10 PM IST
Mallya’s claim of banks coercing him to execute guarantee can add a bit of humour value in this otherwise serious claim for recovery of thousands of Crores of public money, the Tribunal said.The Debt Recovery Tribunal (DRT), Karnataka, has allowed banks to recover Rs.6,203 crore from Vijay Mallya, Kingfisher Airlines and associated companies.Presiding Officer K Srinivasan also held that...
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![DRT Allows Banks To Recover Rs.6,203 Cr From Vijay Mallya, His Firms [Read Order] DRT Allows Banks To Recover Rs.6,203 Cr From Vijay Mallya, His Firms [Read Order]](https://www.livelaw.in/cms/wp-content/uploads/2016/04/Vijay-Mallya.jpg)