Mallya moves high court, accused banks of recovering debt ‘multiple times over’

Mallya moves high court, accused banks of recovering debt ‘multiple times over’

Fugitive businessman Vijay Mallya has challenged the debt recovery proceedings against him in Karnataka high court. Mallya claims that the amounts due have already been recovered multiple times over, with a total recovery exceeding Rs 14,000 crore. He seeks a statement of the amounts owed and assets utilised by the banks.

​Fugitive businessman Vijay Mallya has challenged the debt recovery proceedings against him in Karnataka high court. Mallya claims that the amounts due have already been recovered multiple times over, with a total recovery exceeding Rs 14,000 crore. He seeks a statement of the amounts owed and assets utilised by the banks. 

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