Welcome move taken by SC: Former Kingfisher Employee on Mallya

2016-04-07 1

Mumbai, Apr 07 (ANI): Former Kingfisher Employee Anirudh Balal on Thursday welcomed the Supreme Court's move to ask former liquor baron Vijay Mallya to personally negotiate the settlement process with the banks. He also said that banks have not accepted the settlement offer of Rs. 4000 crore as it is inadequate and is subjected to too many conditions. He added that the move indicates that the apex court is showing strong concerns about such illegalities.

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