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Indian banks secure UK court order related to Vijay Mallya yacht sale

Indian banks secure UK court order related to Vijay Mallya yacht sale In a ruling by Justice Phillips in the court#39;s Business and Property division on Wednesday, the 13 Indian banks were given permission to use certain information disclosed in court as part of a worldwide freezing order (WFO) against the 62-year-old businessman in an unrelated case involving the sale of a luxury superyacht believed to be previously owned by Mallya before he abandoned it last year.

from Moneycontrol Business News https://ift.tt/2QmAK9B
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