[Vijay Mallya-UBL] 'Not Case Where Company Needs To Be Wound Up As Assets Exceed Outstanding Liability', SC Told; All Appeals To Be Heard On Oct 8

The Supreme Court on Wednesday deferred to October 8 the hearing on the challenge by Vijay Mallya's United Breweries against the Karnataka High Court upholding the order of its winding up.The bench of Justices U. U. Lalit, Vineet Saran and Ravindra Bhat shall also examine whether attached assets of fugitive Mallya's United Breweries (Holding) Ltd. can be used to settle the debts owed to...