{"id":427596,"date":"2021-07-27T09:29:18","date_gmt":"2021-07-27T03:59:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427596"},"modified":"2021-07-27T10:48:09","modified_gmt":"2021-07-27T05:18:09","slug":"uk-court-declares-fugitive-vijay-mallya-bankrupt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uk-court-declares-fugitive-vijay-mallya-bankrupt\/","title":{"rendered":"UK court declares fugitive Vijay Mallya bankrupt"},"content":{"rendered":"<p>The UK high court on Monday issued a bankruptcy order against the Indian businessman Vijay Mallya. The order will pave the way for a consortium of India banks led by the State Bank of India (SBI) to pursue a worldwide freezing order on Mallya\u2019s assets in a bid to seek the repayment of debts owed by the liquor baron\u2019s now-defunct company Kingfisher Airlines. <\/p>\n<p>\u201cAs at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt,\u201d Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the High Court, news agency PTI reported.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK high court on Monday issued a bankruptcy order against the Indian businessman Vijay Mallya. The order will pave the way for a consortium of India banks led by the State Bank of India (SBI) to pursue a worldwide freezing order on Mallya\u2019s assets in a bid to seek the repayment of debts owed by the liquor baron\u2019s now-defunct company Kingfisher Airlines. \u201cAs at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt,\u201d Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the High Court, news [&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":[184,141,130],"tags":[],"class_list":["post-427596","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427596","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=427596"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427596\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}