1. Vijaya Mallya”s UB Engineering files Insolvency Petition Pune based UB Engineering which belongs to Vijay Mallya led UB group has filed for insolvency in the National Company Law Tribunal (NCLT). The company owes around 450 crores to five banks viz Axis Bank, Yes Bank, Corporation Bank, IDBI Bank and Lakshmi Vilas Bank. Insolvency is the
1. Vijaya Mallya”s UB Engineering files Insolvency Petition Pune based UB Engineering which belongs to Vijay Mallya led UB group has filed for insolvency in the National Company Law Tribunal (NCLT). The company owes around 450 crores to five banks viz Axis Bank, Yes Bank, Corporation Bank, IDBI Bank and Lakshmi Vilas Bank. Insolvency is the