Fugitive businessman Vijay Mallya petitions court, claiming banks over-recovered his debt.

Fugitive businessman Vijay Mallya has petitioned the Karnataka High Court, claiming banks have recovered his debt multiple times over. Mallya seeks a statement detailing the amounts recovered and a halt on further asset sales until the debt is clarified. His lawyer argues that the debt has been repaid, and additional recovery proceedings are unjust. The court has issued a notice to the banks involved, with a hearing set for February 19.

2 months ago
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