UK account stays frozen, neither Vijay Mallya, nor banks get £259k

A hearing on whether to make an interim third party debt order on Mallya’s UK ICICI bank account final — which would have forced ICICI to hand over the £259,000 to the banks immediately — has been adjourned until after the hearing of Mallya’s bankruptcy petition, scheduled in December.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2ZfA9rT

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