A plea to close criminal proceedings has been opposed by the Enforcement Directorate. The plea was made by Mallya, who claims that the proceedings are related to commercial disputes. According to Mallya, these disputes have been resolved as his lender banks have recovered their dues.
Mallya's lender banks have reportedly recovered around ₹15,000 crore, which exceeds their original dues of ₹6,200 crore plus interest. This recovery is cited as the reason for Mallya's claim that the proceedings should be closed.
Further details on the case and the Enforcement Directorate's opposition to Mallya's plea are available from the source.
Three exhibitions across Mumbai mark Chanakya’s 40th anniversary by looking at the histories, hands and ideas that have shaped its journey from embroidery atelier to contemporary art practice...
MUMBAI: Chief minister Devendra Fadnavis has ordered probe by a Special Investigation Team (SIT) into the alleged malpractices in the Maharashtra Public Service Commission (MPSC) exams, and announced a committee to be set up under senior IAS officer V Radha to recommend comprehen...
Versova residents currently rely on the Irla and Goregaon fire stations, which are far away. Traffic congestion could further hamper the speed of fire services reaching the area. Despite this, the BMC has seen fit to propose opening up the land reserved for the fire station and a...
MUMBAI: The Bombay High Court has dismissed a petition seeking the demolition of a house in Ulhasnagar whose construction had been approved by a town planner who was later subjected to disciplinary action, observing that the structure cannot be demolished merely because the offic...
The division bench of Justice GS Kulkarni and Justice Neela Gokhale, while looking at pictures presented before it, said, “There’s filth, dirt, on the public streets. If your commissioner isn’t aware, we can provide pictures of the entire city. If your ward officer isn’t function...
MUMBAI: A road blockade on the Mumbai-Ahmedabad national highway protesting the installation of smart electricity meters drew the attention of the authorities on Thursday, who said it was no longer mandatory to adopt the new system...
The three tanks—about seven metres long and two metres wide—are lying horizontally in the exhibition centre premises, on a pathway and lawn next to the parking area...