Vijay Mallya settles for more time to pay up for London home – Times of India

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People who can’t repay their loans, for example Vijay Mallya, Nirav Modi. showed the hero beating up the villain with his bare hands. Most of the times either the hero is flying to attack.

Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home. The bank had sought possession of the 63-year-old businessman’s plush Cornwall Terrace apartment over the non-payment of a 20.4 million loan and a trial in the case was due last week.

Mallya is on bail since his arrest on an extradition warrant in April 2017. Mallya is fighting an extradition case in the UK. On 16 June 2018 Vijay Mallya was ordered to pay 200,000 (Rs. 1.81 crore) to Indian banks by a United Kingdom court.

London, May 14 (pti) embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

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Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April 2020 to pay off a mortgage loan for his central London home. Mallya settles for more time to pay up for London home.

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“The wealth industry is taking home less and less each year. People are losing their jobs. They have loans to pay, children.

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Mallya settles for more time to pay up for London home World 15 May, 2019 Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

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