Court Order Stopping Rs. 515-Crore Payout For #VijayMallya Came Too Late.

Banks to which liquor baron Vijay Mallya owes nearly Rs. 9,000 crores, loaned to his now-defunct Kingfisher Airlines, received two installments of bad news today.

In the morning, the Centre told the Supreme Court that Mr Mallya, 60, left the country on March 2. A consortium of 17 banks, most of them state-run, had asked the top court to stop Mr Mallya from travelling out of India.


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