Mallya to pay â¹1.8cr as legal costs incurred by Indian banks
A UK High Court has ordered Vijay Mallya to pay a minimum of Â£200,000 (â¹1.8 crore) towards costs incurred by 13 Indian banks in their legal battle to recover dues. Last month, the UK court ruling allowed the Indian banks to sell Mallya's assets to recover around â¹10,390 crore. The court also refused to overturn worldwide order freezing Mallya's assets.