Vijay Mallya’s Central London house case: Final hearing in May 2019
TIMESOFINDIA.COM | Updated: Nov 22, 2018, 20:02 IST
NEW DELHI: A UK court has rejected all defence claims of Vijay Mallya for repossession order of his house in central London. The court has fixed May 2019 for the final hearing of the case.
On Wednesday, the embattled liquor tycoon faced a setback in his battle to save his posh London home from foreclosure by Swiss bank UBS.
The bank has sought repossession of the property at Cornwall Terrace, overlooking Regent's Park in central London, over the non-payment of a 20.4-million pounds mortgage loan.
The property was referred to in the UK High Court as a "high class home for Dr Vijay Mallya and his family members and United Breweries Group corporate guests".
On Wednesday, the embattled liquor tycoon faced a setback in his battle to save his posh London home from foreclosure by Swiss bank UBS.
The bank has sought repossession of the property at Cornwall Terrace, overlooking Regent's Park in central London, over the non-payment of a 20.4-million pounds mortgage loan.
The property was referred to in the UK High Court as a "high class home for Dr Vijay Mallya and his family members and United Breweries Group corporate guests".
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