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Indian banks are trying to declare tycoon Vijay Mallya bankrupt

... parties have returned to the consideration of the issue. While the issue of a possible bankruptcy is being considered, the businessman himself continues to be on bail. His misadventures began back in 2016, as soon as Mallya left India, having moved to the UK with his children. After a while, Indian law enforcement agencies demanded the extradition of the businessman to his historical homeland, where he was accused of financial fraud and money laundering. On December 10, 2018, a London court ruled to extradite the tycoon to India. After that, the businessman got the opportunity to challenge ...

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