LONDON: A UK judge has rejected a request by Vijay Mallya for €136,000 (Rs 1.21 crore), acquired from the sale of his French mansion, to pay for further legal fees in his bankruptcy case as the businessman has not given full and clear disclosure from where his the legal fees may be met.
Mallya is seeking €2.8 million (Rs 24 crore) from the realisation of the €2.9million (Rs 25 crore) sale of his mansion -- Le Grand Jardin on the Isle St Marguerite in France -- to pay for his legal fees fighting the banks in the UK and in India. The funds from the sale of the mansion are currently being kept in the UK court funds office whilst Mallya fights a petition brought by the banks to declare him bankrupt.