Diageo challenges PMLA court's order on USL shares
Diageo challenges PMLA court’s order on USL shares SECTIONS Share Synopsis The British liquor major is challenging the PMLA court’s order that allowed last month the plea of the SBI-led consortium to restore to it Vijay Mallya’s properties collectively worth Rs 5,600 crore, including movable and immovable assets. The pledged properties also include shares of United Spirits. ThinkStock Photos Diageo Holdings Netherlands has challenged the order of a special Prevention of Money Laundering Act (PMLA) court, seeking possession of shares worth Rs 3,100 crore in United Spirits now awarded to...
Source: indiatimes.com