Bengaluru, Feb. 6 -- The Karnataka high court on Wednesday issued a notice to banks on a petition filed by fugitive businessman Vijay Mallya, who sought a statement detailing the outstanding dues of him, United Breweries Holdings Limited (UBHL, now in liquidation) and other certificate debtors, claiming that the Rs.6,200-crore debt he owed to banks has been recovered "multiple times over".
Justice R Devdas issued a notice to banks in response to the petition filed by Mallya on February 3, directing them to respond by February 13. The petition, as an interim relief, also sought a stay on any further asset sales by banks under the amended recovery certificate until clarity is provided on the full settlement of the debt.
Senior advocate Sa...
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