A significant amount of assets have been attached in a long-running case. The value of these assets exceeds the liability by a substantial margin. Vijay Mallya's liability is reported to be around Rs 6,203 crore, while the attached assets are worth more than Rs 14,131 crore.
The case against Mallya and Kingfisher Airlines has been ongoing for ten years, with the CBI first registering a case in 2015. Despite this, the trial has not yet started and investigations are still underway.
Further details about the case and its progress are available from the source.
Mumbai, September 9, 2026: The search for a permanent site for the Borivli Regional Transport Office (RTO) has resumed after a proposal to take over land belonging to MTNL in Dahisar East stalled. The development has revived a long-pending question over the office's relocation, w...
Mumbai, September 9, 2026: The sessions court at Dindoshi has sentenced 38-year-old Laxman Dhangar to life imprisonment for killing his wife, suspecting her character in front of his son and second wife, and also for the murder of his two-year-old son in August 2016. As per the p...
Mumbai, September 9, 2026: Corporators across party lines demanded a rollback of the four-month-old 10 per cent water cut in BMC's Standing Committee meeting on Wednesday. However, the BMC administration refused, warning that a dry September could squeeze reserves despite 96 per ...
Thane, September 9, 2026: The Motor Accident Claims Tribunal (MACT), Thane, has awarded Rs 5.17 lakh compensation with 9% annual interest to a 44-year-old agriculturist who suffered permanent disability after an MSRTC bus collided with his motorcycle in October 2019. The tribunal...
Mumbai, September 9, 2026: The special PMLA court has issued process against Ashok Kharat and five other accused, including his wife, taking cognisance of the prosecution complaint filed by the ED in connection with money laundering to the tune of Rs 17.70 crore. The court said t...
Mumbai, September 9, 2026: The Motor Accident Claims Tribunal (MACT), Mumbai, has awarded a total compensation of nearly Rs 1.67 crore to two accident victims in separate cases, including Rs 1.25 crore to a 31-year-old mechanic who suffered amputation of his right leg above the k...
Mumbai, September 9, 2026: Builders, developers, contractors, government agencies and transporters must register their projects and waste-carrying vehicles on the Mumbai Debris Control & Tracking System (MDCTS) within 15 days, the civic body said in a public notice issued Wednesd...
Mumbai, September 9, 2026: The Bombay High Court on Wednesday sought replies from the Maharashtra Director General of Police and the investigating officer on allegations of selective investigation in a case involving the alleged sale of 40 acres of government land in Pune involvi...
Mumbai: The Thane Coastal Road-1 project has achieved 40% overall physical progress within 14 months, with foundation work, pier construction and girder erection advancing simultaneously along the 13.45-km corridor. Over 330 Working Piles Completed As of September 2, a total of 3...
Bhopal (Madhya Pradesh): Congress MLA from Semaria assembly seat Abhay Mishra staged a sit-in outside Mantralaya on Wednesday, demanding a CBI probe into the death of pregnant woman Kalpana Mishra and her child at Gandhi Smarak Hospital in Rewa. He demanded the resignation of hea...
Virar: A security guard in Virar has allegedly made an objectionable statement in vulgar and offensive language against Maharashtra Navnirman Sena (MNS) chief Raj Thackeray. MNS Leader Confronts Guard And Security Agency After a video of the offensive remarks went viral, MNS Vira...
Mumbai: Kalyan MP Dr. Shrikant Shinde has begun his second master’s at the London School of Economics (LSE), enrolling in the TRIUM Global MBA offered jointly by LSE, NYU Stern and HEC Paris. From Medicine To Economics And Policy Studies Dr. Shrikant Shinde who holds an MS in Ort...
