DRT allows bankers' plea on lifting of corporate veil, passes two other ordersBankers had filed the IA seeking lifting of corporate veil to pierce the protection against personal liablity enjoyed by individuals contro...
16 Jul, 2016, 10.06 PM IST
DRT to pass orders on interlocutory applications in Vijay Mallya case tomorrowDutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of...
15 Jul, 2016, 08.16 PM IST
SBI seeks DRT certificate to recover debts from Vijay MallyaHe made the plea while making a submission on its original application seeking recovery of debts from Mallya and his companies before DRT P...
29 Jun, 2016, 11.20 PM IST
HDFC invokes 35000 USL shares pledged by Kingfisher FinvestIn a communication to BSE, Kingfisher Finvest India said it had pledged certain shares in USL to HDFC to secure loan given to United Brewer...
23 Jun, 2016, 08.53 PM IST
Vijay Mallya case: Tribunal to take up 7 IAs for final hearingThe doctrine of Lifting of Corporate Veil means disregarding the corporate personality and looking behind the persons controlling the compa...
13 Jun, 2016, 11.08 PM IST
Cornered Vijay Mallya hikes bank settlement offer to Rs 6,868 croreThe fresh offer was being made "in the interest of overall settlement" though the validity of the corporate guarantee of UB Group and his p...
22 Apr, 2016, 09.04 AM IST
Sidhartha Mallya steps down as UBHL director"In terms of the provisions of Section 167(b) of the Companies Act, 2013, Mr Sidhartha V Mallya, a Non-Executive, Non-Independent Director ...
01 Apr, 2016, 06.15 PM IST
UB Group stocks gain up to 12%, UBHL shinesShares of United Breweries (Holdings) zoomed 12.20 per cent to settle at Rs 20.70 on BSE. During the day, it jumped 15.71 per cent to Rs 21...
30 Mar, 2016, 06.28 PM IST
United Spirits minority shareholders reject 9 proposals at EGMShareholders at the November 28 EGM rejected approval to a loan agreement dated July 3, 2013 between United Spirits Ltd (USL) and United Br...
30 Nov, 2014, 03.05 PM IST
Mallya's stake in United Spirits Limited declines as Kingfisher Airlines’ lenders invoke sharesUSL said lender IDBI Trusteeship Services invoked 3.14 million pledged shares held by United Breweries Holdings (UBHL) in USL, now a Diageo...
19 Jun, 2014, 10.20 AM IST
Lender invokes United Spirits' pledged sharesLiquor firm United Spirits Ltd today said that four lakh shares pledged by one of its promoters Kingfisher Finvest India has been invoked b...
11 Apr, 2014, 07.10 PM IST
Two Kingfisher promoters release 5.64 crore pledged sharesGrounded carrier Kingfisher Airlines today said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 c...
16 Oct, 2013, 06.38 PM IST
MCFL posts net loss of over Rs 12 crore in June quarterUB group firm Mangalore Chemicals and Fertilisers Ltd (MCFL) today reported a standalone net loss of Rs 12.04 crore for the quarter ended J...
01 Aug, 2013, 09.26 PM IST
UB Group raises stake in Mangalore Chemicals by about 1%The UB Group has raised its stake in MCFL, a firm being eyed by rivals Deepak Fertilisers & Petrochemicals Corp and Zuari Fertilisers.
29 Jul, 2013, 10.43 PM IST
- ICICI files caveats against Vijay Mallya and Kingfisher Airlines group companies
Private sector lender ICICI Bank has filed three caveats at the Company Law Board, Mumbai anticipating litigation from Kingfisher Airlines.
05 Apr, 2012, 08.44 PM IST
- Kingfisher board approves debt recast; interest cost to come down
Kingfisher Airlines, India’s second-largest private carrier, has received preliminary approval from lenders for a debt recast plan to help ...
26 Nov, 2010, 04.10 AM IST
- United Spirits promoters pledge 33% stake; stock up 2.5%
Liquor manufacturer United Spirits said its promoters have pledged over 3.28 crore shares or 32.82 per cent stake in the company for an und...
09 Mar, 2009, 12.23 PM IST