Fugitive businessman Vijay Mallya on Wednesday moved Karnataka high court challenging the debt recovery proceedings against him.Mallya in his petition, sought a statement by the banks of accounts for the amounts owed by him United Breweries Holdings Limited (in liquidation) and other certificate debtors.
Justice R Devdas issued the notice to the to banks after Mallya’s advocate Sajan Poovayya submitted that winding up order against Kingfisher Airlines and holding company United Breweries Holdings Limited, (UBHL) attained finality and up to the Supreme Court the winding up has been confirmed.
It was further submitted that the amount due had already been recovered, and even still additional recovery proceedings had been carried out against Mallya.