New Delhi, April 9 -- Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.

Mallya, who lives in Britain, has been embroiled in a long legal battle with lenders - as well as the Indian authorities - following the 2012 collapse of his defunct Kingfisher Airlines.

In 2017, a group of banks obtained a judgment in India worth over 1 billion pounds against Mallya, who had guaranteed Kingfisher Airlines' debt.

That ruling was registered in Britain later that year and led to a bankruptcy order being made against Mallya in 2021.

Mallya appealed against the bankruptcy order at a hearing in ...