Tag: bank loan
Special court allows banks to sell assets of Vijay Mallya
The Prevention of Money Laundering Act (PMLA) court allowed the banks to use the confiscated assets of Vijay Mallya (63). The news agency quoted the sources of Enforcement Directorate (ED) on Wednesday. However, this order will remain postponed till January 18. Meanwhile, Mallya or other related parties can appeal in the Bombay High Court.
