Vijay Mallya’s Lavish Lifestyle Delaying Bank Claims, Diageo’s Pleas Allowed: Karnataka High Court
The Karnataka High Court has allowed two petitions filed by Diageo Holdings Netherlands B.V. in a dispute over shares in United Breweries Limited (UBL) linked to loans taken by Kingfisher Airlines. In its judgment dated 14 October 2026, a Division Bench of Justice D K Singh and Justice T M Nadaf ruled that a share pledge in favour of Standard Chartered Bank had priority over claims made by a consortium…
