Debt-ridden Vijay Mallya slapped by UK court, clear refusal to pay lawyers’ fees | London court refuses to release 8 crore to vijay mallya for pay his Indian legal fees

Debt-ridden Vijay Mallya slapped by UK court, clear refusal to pay lawyers’ fees | London court refuses to release 8 crore to vijay mallya for pay his Indian legal fees

Vijay Mallya had filed a petition in a British court seeking reimbursement of the cost of legal action as well as withdrawal of the amount withheld by the court (London court refuses release Rs 8 crore to Vijay Mallya).

Debt-ridden Vijay Mallya slapped by UK court, clear refusal to pay lawyers' fees

London High Court victory shocks Mallya

New Delhi: The British High Court has dealt a major blow to Vijay Mallya, who passed on loans to Indian banks. Vijay Mallya had filed a petition in the UK court seeking reimbursement of the cost of legal action as well as withdrawal of the amount withheld by the court. However, the petition has been rejected by a British court. Vijay Mallya has failed to present evidence to support the demand of Rs 7.69 crore or 7 750,000. (London court refuses to release 8 crore to Vijay Mallya for pay his Indian legal fees)

British High Court Judge Robert Miles has ruled in favor of a group of Indian banks led by the State Bank of India (SBI). Mallya should bear 95 per cent of the cost of his petition, the UK High Court has ruled. Therefore, Mallya’s petition seeking reimbursement of the cost of legal action as well as withdrawal of the amount withheld by the court has been rejected. This has led to a very successful victory under the leadership of Indian banks.

Failure to submit bill of expenditure

According to British High Court Judge Robert Miles, the petition did not provide details on the cost of personal proceedings. So no attempt has been made to prove anything about the cost before. Also no bill, descriptive information or any other proof of this expenditure was submitted while the money was being demanded.

Earlier, in early February, a London court had ordered Mallya to cover costs and legal costs related to the ongoing bankruptcy case in Britain. The court had approved the use of Rs 11,28,70,710 (11 11 lakh) from the Fund Office (CFO). Meanwhile, the next hearing of the case will be held on July 26.

Give 14 crores

Mallya has fled to London after sinking crores of rupees in Indian banks. Mallya, who once squandered money, is now struggling financially. He has to keep account of thousands and lakhs of rupees in London. Sources said that his personal expenses have also come under pressure and he has no money left to pay the lawyers.

Mallya, who was found to be in financial trouble, has filed a petition in the London High Court. He has asked the court to pay him Rs 14 crore of the proceeds from the sale of property in France. The lawyer representing Mallya in London did not receive his fees. Therefore, this lawyer has clarified that he will stop fighting the case if he does not get the money till the next hearing. (London court refuses to release 8 crore to Vijay Mallya for pay his Indian legal fees)

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Hand over Vijay Mallya to India, court order in London

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