Banks recovered more than what I owed: Vijay Mallya moves Karnataka High Court

Bangalore, 6/2: Vijay Mallya moved the Karnataka High Court claiming that Kingfisher Airlines owed around Rs 6,200 crore in debt, and authorities had recovered the “principal debt amount multiple times over.”

The fugitive businessman challenged the debt collection proceedings against the now-defunct Kingfisher Airlines in a case filed on February 3, Bar and Bench reported. The matter was heard today by Justice R Devdas.

 

 

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