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Around Rs 3,600 crore recovered, Rs 11,000 crore still needed to be recovered from Vijay Mallya: SC told

Shortpedia

Content Team
Image Credit: Shortpedia

SC dismissed a plea filed by liquor baron Vijay Mallya`s United Breweries Holdings Limited (UBHL) to challenge a Karnataka High Court order to uphold the winding up of the company for recovery of dues payable by Kingfisher Airlines Ltd. A bench headed by Justice UU Lalit declined to entertain the appeal filed by UBHL. The top court thus affirmed the winding up of the 102-year-old parent company of the UB Group.