Straight Drive Posted July 26, 2018 Share Posted July 26, 2018 1 hour ago, velu said: real estate assets are difficult to sell .. but his pledged shares in united spirits ( mcdowell) and united breweries limited can be offloaded in no time.. if i am not wrong , Diego proposed DRT that they are ready buy mallyas pledged shares https://economictimes.indiatimes.com/news/politics-and-nation/ed-rejects-lenders-plea-to-sell-ub-shares-worth-rs-2000-crore-to-recover-vijay-mallyas-dues/articleshow/64688221.cms His shares worth around 2000 crores seem to be in possession with ED as per above report. As you mentioned selling them would be easy. Few block deals will be required. His Goa villa was sold, so was his private aircraft but its not enough to recover whatever he owned to banks. However Real Estate is also attached because the principal and interest of loan is probably more than attached shares and some of the already sold assets. Time consuming but with the recently passed bill, it just helps fast track the sale of assets. velu 1 Link to comment Share on other sites More sharing options...
rkt.india Posted July 27, 2018 Share Posted July 27, 2018 16 hours ago, Clarke said: What's your take ? Neta-babu/banker nexus ? Bank unions throwing their weight against any bank employee ? Something else ? No. it is govt pressure on banks. Banks are pressurized to give loans and achieve targets. While doing this, they do corruption as well. Link to comment Share on other sites More sharing options...
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