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SUBHASH R GUPTE
United Bank says lost hope to recover money from KingfisherMallya and UB Group, however, challenged this tag in the court. The lenders have so far been able to recover just about Rs 1,000 crore from...24 May, 2015, 12.42 PM IST- Calcutta HC stays United Bank of India's declaration of Kingfisher Airlines as wilful defaulterThe bank has been directed to file its affidavit-in- opposition by November 3, 2014 and the petitioners have been directed to file their re...27 Sep, 2014, 07.06 PM IST
- Vijay Mallaya may be declared wilful defaulter if Formula 1 funding is linked to Kingfisher AirlinesA recent forensic audit by EY on behalf of the banks said Kingfisher Airlines diverted funds to its sporting company that participates in F...11 Sep, 2014, 06.27 AM IST
- United Bank of India first bank to declare KFA and Vijay Mallya as wilful defaulterThere are several serious repercussions of a company being declared a wilful defaulter, which include restricting any future access to bank...02 Sep, 2014, 10.50 AM IST
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