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.
The wait for Mumbai’s most-awaited Ganpati idol is finally coming to an end. Lalbaugcha Raja 2026 will make its first public appearance today, September 11, ahead of the 2026 Ganeshotsav celebrations. The Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal will unveil the first look of...
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Mumbai is all set for another packed weekend with a mix of festive celebrations, live entertainment, fitness activities and shopping experiences. From the annual Bandra Fair to heritage-inspired Ganpati walks, here are some events to check out across the city this weekend. Bandra...
