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Supreme Court junks UBHL plea against HC order to wind up Vijay Mallya's firmThe total dues of UBHL to its creditors, as per the Karnataka High Court order in February 2018, are around Rs 7,000 crore. On September 30...- SC to examine if attached assets can be considered for liquidation to settle duesA bench of Justices U U Lalit and Vineet Saran was informed by senior advocate C S Vaidyanathan, appearing for liquor baron Vijay Mallya's ...
- Will give up Indian assets, if bankruptcy plea comes through: BanksThe State Bank of India led consortium, has told UK's chief insolvency and companies court that it will give up security over beleaguered I...
- Karnataka High Court dismisses United Spirits' plea for release of IDBI-held sharesVijay Mallya, UBHL had pledged shares for securing loans for Kingfisher Airlines.
- Vijay Mallya’s guarantees for debt were overvalued, says CBIUBHL on behalf of its subsidiaries & associate firms furnished corporate guarantees of Rs 6,036 cr in 2008.
- N Srinivasan resigns from UBHL board"We hereby inform that N Srinivasan has resigned from the office of Director of the company," United Breweries (Holding) Ltd (UBHL) said in...
- UBHL seeks nod to buy Rs 150-cr goods including beer from UBLThe company's AGM will be held on September 29 in Bengaluru. The company has proposed re-appointment of one of its directors, Daljit Mahal.
- DRT reserves orders for July 25 on UBHL, Vijay Mallya's pleaThe documents also did not mention details of the interest the defendants owe to individual banks, the counsel alleged before DRT Presiding...
- UBHL seeks a month's time to file results due cases against Vijay MallyaUnited Breweries said it is being "hindered from complying with requirements" of submitting its audited standalone results for 2015-16 by M...
- SBI-led consortium files counter to UBHL claim of Rs 594 croreUBHL, in its objections filed in the DRT, had contended that the lenders had sold 26 lakh equity shares of USL pledged to them before matur...
- ECL Finance invokes 72,250 pledged United Spirits sharesFinancial services firm ECL Finance has invoked 72,250 shares worth around Rs 18.25 crore of Diageo-led United Spirits pledged by United Br...
- UBHL seeks shareholders' nod on Rs 50 crore investment, loan outlayCompany said it was seeking shareholders' approval through a special resolution to authorise the board to have an outlay of up to Rs 50 cro...
- Diageo confident of retaining majority stake in United Spirits"USL contributed £479 mn to net sales and a £3 mn loss (after integration costs) to profit after tax in the six months ended 31 Dec 2014," ...
- Vijay Mallya's chairmanship of United Spirits subject to caveats: DiageoUBHL is the Indian-listed parent entity of Mallya's UB Group and has to repay a loan of about Rs 1,340 crore to USL.
- Vijay Mallya's investment arm writes off Rs 2,000 croreUBHL said that it has written off a sum of Rs 2,451 cr, which was recoverable from certain subsidiaries for the fiscal ended March.
- Did Diageo help Vijay Mallya move out Rs 4,000 crore?Karnataka HC order annulling Diageo's acquisition of shares in United Spirits from Mallya's UB Holdings landed British drinks giant in a ti...
- United Spirits plunges 6% as Karnataka HC nixes its share sale to DiageoThe HC order has come in response to a winding-up petition filed by creditors against UBHL for dues of about Rs 600 cr, which is pertaining...
- UBHL submits audited accounts statement of share sale to High CourtAfter UBHL submitted the audited statement, Justice Reddy sought the reply of BNP Paribas before posting the case for next hearing on Octob...
- Karnataka HC allows UBHL to sell around 13 million shares of USLThe court directed UBHL to deposit the surplus amount of Rs 250 cr in the HK to show its (UBHL's) bonafides that that it is willing to pay ...
- UBHL: Loan guarantees to Kingfisher may brew trouble for companyUnited Breweries (Holdings) has of late been on the radar of analysts and the media in the wake of developments at the troubled Kingfisher ...
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