-1.2 C
New York
Friday, December 5, 2025
HomeNewsUK court awards BOC Aviation USD 90mn against Vijay Mallya

UK court awards BOC Aviation USD 90mn against Vijay Mallya

Date:

Related stories

Mamta Singh makes history as first Indian-American elected to public office in Jersey City

Highlights: Mamta Singh becomes the first Indian American elected...

US enforces stricter visa rules with mandatory social media checks

Highlights: The US State Department has introduced stricter Visa...

US orders strict new screening for H-1B applicants as Trump administration expands speech-related reviews

Highlights: US consular officers must now examine LinkedIn profiles...

FBI lists Indian national as wanted in 2017 New Jersey double murder, seeks extradition from India

Highlights: FBI offers $50,000 reward for information leading to...

Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now- defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated USD 90 million in claims.
The latest case involving the 62-year-old businessman, whose extradition case over alleged loan defaults amounting to around Rs 9,000 crores returns to Westminster Magistrates Court in London on March 16, is related to the leasing of aircraft by Kingfisher Airlines dating back to 2014. Justice Picken, in a judgment dated February 5 at the Business and Property Courts of the High Court in London, ruled that “the defendants have no real prospect of successfully defending the claim”.
The defendants in the claim brought by BOC Aviation in Singapore and BOC Aviation (Ireland) Ltd have been named as Kingfisher Airlines Ltd and United Breweries (Holdings) Ltd. We are pleased with the judgment but would not like to comment further at this stage,” said a spokesperson for BOC Aviation in Singapore. The legal claim relates to a leasing agreement between Kingfisher Airlines and aircraft leasing company BOC Aviation involving four planes, of which three were delivered.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here