InvestorQ : Is it true that SBI has moved one step closer to recovering money from Vijay Mallya?
Arti Chavan made post

Is it true that SBI has moved one step closer to recovering money from Vijay Mallya?

Answer
image
Rutuja Nigam answered.
4 weeks ago
Follow

Judge Michael Briggs delivered his judgment in favour of Indian lending banks. He clarified there was no public policy preventing a waiver of security rights as demanded by Mallya’s lawyers. This is one more positive step for the banks to recover their dues from Mallya.

2 Views