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.
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.