{"id":417021,"date":"2021-05-27T09:25:46","date_gmt":"2021-05-27T03:55:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417021"},"modified":"2021-05-27T10:08:19","modified_gmt":"2021-05-27T04:38:19","slug":"vijay-mallya-loses-uk-appeal-for-more-funds-to-cover-indian-legal-fees-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vijay-mallya-loses-uk-appeal-for-more-funds-to-cover-indian-legal-fees-2\/","title":{"rendered":"Vijay Mallya loses UK appeal for more funds to cover Indian legal fees"},"content":{"rendered":"<p>London: Vijay Mallya on Wednesday lost an appeal to gain further access to court-held funds to cover his costs for legal proceedings in India, as a High Court judge in London concluded that the 65-year-old businessman had failed to provide sufficient evidence in support of the over 750,000 pounds being sought.<\/p>\n<p>During a remote hearing of the Chancery Division, Justice Robert Miles handed down his judgment in favour of a consortium of Indian banks led by the State Bank of India (SBI). <\/p>\n<p>He also directed Mallya to cover 95 per cent of the costs of the appeal as the banks had been &#8220;very substantially successful&#8221; and the &#8220;overall winners&#8221; in fighting the case to prevent further sanctions from the court-held funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London: Vijay Mallya on Wednesday lost an appeal to gain further access to court-held funds to cover his costs for legal proceedings in India, as a High Court judge in London concluded that the 65-year-old businessman had failed to provide sufficient evidence in support of the over 750,000 pounds being sought. During a remote hearing of the Chancery Division, Justice Robert Miles handed down his judgment in favour of a consortium of Indian banks led by the State Bank of India (SBI). He also directed Mallya to cover 95 per cent of the costs of the appeal as the banks [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-417021","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}