British High Commissioner to India Philip Barton says no time frame can be given for Mallyas extradition.
IN LONDON Vijay Mallya has managed to stave off the attempt by Indian banks to declare him bankrupt. UKs chief insolvency and companies court Judge Briggs on Thursday refused permission to both Mallya as well as the consortium of Indian banks led by the State Bank of India (SBI) to appeal the two judgments delivered by him on April 9 and July 22.
This would add significantly to the period when the case could reach a logical conclusion. On July 7, Mallya had told the UK court that the assets he is offering to state-owned Indian banks to pay off the debt of Rs 9,834 crore exceeds the amount he owes them. The next hearing in the case will…
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