He said the extradition of Mallya is an ongoing legal case and that the UK government does not have anything new on it
Bankers say they are worried especially after the group flagship's plans to raise Rs 400 crore via a rights issue was put off and ongoing pandemic disrupted sales and production
Vivek Kaul's Bad Money: Inside the NPA Mess and How it Threatens the Indian Banking System provides the answer and I am wiser years after having taken the loan
Mallya's legal team, led by barrister Philip Marshall, countered that the banks were secured creditors and that the petition should be dismissed.
A bench Justices U U Lalit and Ashok Bhushan, which took up the review petition on June 16, directed the apex court registry to furnish all the details
Last week, the UK government indicated that Mallya is unlikely to be extradited to India anytime soon
Mallya lost his appeals in the UK Supreme Court against his extradition to India to face money laundering and fraud charges
The development comes in the wake of Mallya losing his appeal in the UK top court on May 14 against his extradition to India
Kumar is now an additional superintendent of police in the country's premier investigation agency
The latest ruling will now go back for re-certification and the process of extradition should be triggered within 28 days
While congratulating the Indian government over the Rs 20 trillion economic package, Mallya lamented that his repeated offers to repay his dues have been ignored
The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met
Meanwhile, the liquor baron expressed disappointment and said he will pursue further legal remedies as suggested by his lawyer
Vijay Mallya's fate is now with the UK government.
A debt recovery tribunal in India ruled Rs 6,200 crore - Rs 5,000 crore as principal and Rs 1,200 crore as interest - was payable.
This bankruptcy petition is by any measure extraordinary. The banks are pressing for a bankruptcy order at a time when there are extant proceedings in India, read the judgment
Mallya sought government help and said, "we are not sending employees home and paying the idle cost. Government has to help."
His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.
Asked about heading back to India, he noted: I should be where my family is, where my interests are
Representatives from the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI), as well as the Indian High Commission in London, were present in court for the hearing.