Vijay Mallya settles for more time to pay up for London home – Times of India

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London: Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home. The bank had sought possession of the 63-year-old businessman’s plush Cornwall Terrace apartment over the non-payment of a 20.4-million pounds loan and a trial in the case was due last week.

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Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

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Mallya settles for more time to pay up for London home. PTI London. Updated:. Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

Mallya settles for more time to pay up for London home Steven International London : Embattled liquor tycoon Vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.

Mallya cashed in on the growth in leisure time and disposable income in his home country’s. the biggest such company in India, and inherited from Mr Mallya’s father. Vijay set up Kingfisher airline.

Vijay Mallya settles for more time with Swiss bank to pay off mortgage for plush london home Business Press Trust of India May 15, 2019 07:17:23 ist london: embattled liquor tycoon vijay Mallya has settled a legal dispute with Swiss bank UBS to allow him time until April next year to pay off a mortgage loan for his central London home.