A “private legitimate issue” is slowing down the removal of business head honcho Vijay Mallya, needed in India for defaulting on credits worth 90 billion rupees, from the UK and the public authority is following up with British specialists, the unfamiliar service said on Thursday.
Vijay Mallya, blamed for defaulting on credits worth around 90 billion rupees has been in the United Kingdom since March 2016 and has been battling his removal to India.
The 64-year-old’s removal was requested by a British court in May however has been deferred by “mystery procedures” started in the nation, the public authority told the Supreme Court a month ago.
Vijay Mallya, who denies the charges against him, has over and over said that Indian banks can reclaim 100% of the chief sum owed to them.
