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

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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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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.

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NEW DELHI (AP) – British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India. pay back more than a billion dollars in loans extended to his.

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.

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Contents Companies. london: embattled liquor tycoon vijay Baron vijay mallya Plush cornwall terrace apartment Deepak sherawat issued fresh Ones to Watch: Law Smethport chamber honors several The Nation’s Housing: Lenders opening doors to a wider swath of homebuyers Nation’s Housing political column by Kenneth R. harney. lenders opening doors to a wider swath of home [.]

Last week, after it came to be known that the Westminster Magistrates’ Court in London had ordered absconding businessman and loan defaulter Vijay. up in 2016, in Parliament at that. Don’t force.

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.

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.