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Bankruptcy plea: Relief for Vijay Mallya


Indebted businessman Vijay Mallya has avoided being made bankrupt in the London high courtroom after a judge adjourned the chapter petition the Indian banks brought towards him, slamming it as "by any measure extraordinary". Chief Insolvency and Companies Court judge Briggs adjourned the petition for "at least six months", announcing Mallya must be given time to pay the money owed in full.


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