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The Economic Times
The Economic Times

'Indian debt resolution justice," Vijay Mallya alleges denial of justice, raises debt resolution questions

London: Alleged fugitive businessman Vijay Mallya has once again claimed that banks have recovered dues from him but justice continued to be denied.

In a social media post on X, Mallya referred to an Economic Times article which reported that media baron Subhash Chandra would pay Rs 6.5 crore to settle creditor claims of Rs 22,006.57 cr under the IBC.

In his post Mallya wrote, "If True many congratulations to my friend Subhash. Banks and Government have admitted having recovered Rs 14,100 crores from me against a Judgement debt of Rs 6203 crores. Many more borrowers have settled at a fraction. Indian Debt Resolution Justice I presume. No media questions."

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