Tag: Banks

High Profile Cases

Banks, telecos to indicate deadline for linking Aadhaar: SC

by Legal India Admin | Leave a Comment

The Supreme Court today made it clear that banks and telecom service providers will have to indicate the last date of linking bank accounts and mobile numbers with Aadhaar in their communications with customers. Currently, the last date to link Aadhaar with bank accounts is December 31 this year while for mobile numbers, it is […]

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Mallya deliberately didn’t disclose full assets: Banks to SC

by Legal India News | Leave a Comment

A consortium of banks including SBI today told the Supreme Court that beleaguered businessman Vijay Mallya had deliberately not made full disclosure of his assets including USD 40 million which he received in February from a British firm. Attorney General Mukul Rohatgi, appearing for the consortium of banks, told a bench of justices Kurian Joseph […]

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vijay mallya

High Profile Cases

SC orders assets details of Mallya family be given to banks

/ by Legal India News | Leave a Comment

The Supreme Court on Tuesday has decided to share liquor baron Vijay Mallya’s and his family members’ assets, including those in other countries, to the consortium of his lenders. The promoter of the failed Kingfisher Airlines, Mallya, has consistently argued that a non-resident Indian like him was not obliged to disclose information about his assets […]

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vijay mallya

High Profile Cases

Mallya not cooperating in probe: Banks tell SC

/ by Legal India News | 4 Comments on Mallya not cooperating in probe: Banks tell SC

The consortium of banks today alleged in the Supreme Court that Vijay Mallya, who has been in United Kingdom, is not cooperating in the investigation of cases lodged against him and was averse to disclosing foreign assets. Further, in the rejoinder to the affidavit filed by the beleaguered businessman, the consortium said that disclosure of overseas […]

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