He said high fuel prices, adverse government policies by taxation and failure of aviation engines were the reasons for failure
UBHL had filed writ petition against probe agency; hearing on Sept 28
DRT directed Airbus to produce a letter containing details of its account held in bank for freezing Rs 196 crore until the case is finished
Matter relates to cheques issued by Kingfisher Airlines Ltd to GMR Hyderabad International Airport Ltd
The property at Candolim was once used by Mallya, who is now abroad and facing a slew of criminal charges
UBHL also said Vijay Mallya's son Sidhartha ceased to be a director of the company with effect from March 31, 2016
Auction to be conducted on October 19; movable assets inside premises of the villa not included
MEA spokesperson Vikas Swarup dismissed Mallya's claim that he is unable to travel back as his passport has been suspended by Indian authorities
lenders, led by State Bank of India, may issue a public notice for the auction of the airline's prime asset
The ED has already attached assets worth Rs 8,041 cr as part of its criminal probe against Mallya and this time the targeted assets would include those on foreign shores
On July 9, court had cancelled the exemption from personal appearance granted to him and had directed him to appear before it
By registering a fresh case, ED wants to strengthen its probe against the liquor baron and expedite a slew of actions it has initiated against him
The Enforcement Directorate (ED) seized his farmhouse, flats and FDs in connection with its money laundering case against him and his associates.
Police in its report filed earlier before the court had said that warrants were not executed against company and Mallya
Consortium had moved the top court seeking the settlement of his outstanding dues amounting to more than Rs 9,000 crore
Attorney General Rohatgi said since Mallya wasn't granted exemption from appearance, he shouldn't be heard anymore
The agency has examined some former heads of PSBs which had extended loans to airline at a time when the carrier's losses were on the rise
The ED registered the fresh case after Central Bureau of Investigation (CBI), shared its first information report with the agency
ED has filed second criminal case against Mallya after getting a complaint from SBI
Service Tax Department receives bids for just Rs 26.5 crore for Mallya's jet Airbus against the reserve price of Rs 152 crore