The Supreme Court of India, on Monday, adjourned the hearing of the loan default case against Vijay Mallya to March 3.

The plea is filed by the State Bank of India (SBI)-led consortium to recover the debt from the liquor baron in excess of Rs 8,000 crore.

The banks also said that Mallya has not been cooperating with them. They alleged that the businessman did not come clean in disclosing the money that he received from the deal between United Spirits and Diageo Plc.

Supreme Court in April last year had asked Mallya to disclose all his assets to the bank.

First Published | 27 February 2017 12:30 PM
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