![](https://static.wixstatic.com/media/d515a3_f029162fe6e143ee9a02a9c02fbff1b6~mv2.png/v1/fill/w_374,h_249,al_c,q_85,enc_auto/d515a3_f029162fe6e143ee9a02a9c02fbff1b6~mv2.png)
A British Court granted a bankruptcy order against Vijay Mallya and thereby paving the road for a syndicate of Indian lenders led by the State Bank of India to seek repayment of amounts owed by the now-defunct Kingfisher Airlines through a worldwide freezing order.
Chief Insolvencies and Companies Court (ICC) judge, Michael Briggs stated “ I adjudicate Dr. Mallya bankrupt” in his ruling during a virtual hearing of the Chancery Division of the High Court. He still remains on bail in the UK while simultaneously a confidential matter with respect to an asylum application in connection with the extradition process.
Comments