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SBI to initiate bankruptcy proceedings against Vijay Mallya in UK, says report

Updated : May 29, 2018 12:16 PM IST

The action is being taken to mount legal pressure on the absconding businessman.
The proposed action that comes in addition to the freezing of all assets of Mallya is seen as an additional layer of security against the tycoon.
SBI to initiate bankruptcy proceedings against Vijay Mallya in UK, says report

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