- Saturday, April 20, 2024
By: Radhakrishna N S
In a setback to Indian business tycoon, Vijay Mallya, a court in the UK has ordered to pay £88000 to Swiss lender, UBS Investment Bank which had issued £20.4 million in the mortgage loan to Mallya’s London house. According to a report by Times Now, the court has ruled to pay the sum by January 4, 2019. The lender earlier in its petition before UK high court sought the possession of Mallya’s London house on the grounds that the mortgage hasn’t repaid by the borrower. The immovable property faces London’s Regent’s Park, was being used by Mallya as his family…
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