Topic: Vijay Mallya
Banks recover Rs.1000 crore from sale of Mallya’s shares
The Enforcement Directorate has said that consortium of banks which is led by the State Bank of India, have recovered over one thousand crore rupees from the sale...
Delhi Court orders attachment of Vijay Mallya’s properties
Delhi court has issued an order of the attachment of fugitive Vijay Mallya’s properties in Bengaluru in a case relating to FERA, Foreign Exchange Management Act violations...
UK Home Secretary approves extradition of Vijay Mallya to India
The UK home secretary has ordered the extradition of Vijay Mallya over allegations of £1bn fraud. The UK home secretary noted that Vijay Mallya, the first to be...Vijay Mallya becomes first Indian business tycoon to be named “Fugitive Economic Offender (FEO)”
Former liquor baron Vijay Mallya has become the first Indian businessman to be declared a Fugitive Economic Offender (FEO) under the newly enacted Fugitive Economic Offenders Act of... Vijay Mallya declared as Fugitive Economic Offender
The Prevention of Money Laundering (PMLA) court in Mumbai has declared Vijay Mallya as a Fugitive Economic Offender. Vijay Mallya is the first businessman to be charged under the...Ethics Committee in Parliament
Each of the two Houses of Parliament has an ethics committee. They deal with the members’ conduct. These panels were recently looking into complaints against Amethi MP Rahul...
CBDT forms Working Group to assess tax risks of High Net Worth Individuals migrating abroad
The Central Board of Direct Taxes (CBDT) has constituted 5-member working group (committee) to examine taxation aspects related to High Net Worth Individuals (HNWIs) who are migrating abroad...
Cabinet approves Fugitive Economic Offenders Bill, 2018
The Union Cabinet has approved introduction of Fugitive Economic Offenders Bill, 2018 in Parliament. The bill proposed by Finance Ministry aims to curb practice of evading criminal prosecution...India sgns pacts with UK on illegal migrants’ return
India and the United Kingdom (UK) have recently signed two agreements on return of Indians, who are living in Britain as illegal migrants and sharing criminal records and...
