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Court reserves order on ED plea for NBW against Vijay Mallya

Vijay Mallya diverted Rs 430 crore for purchase of a property abroad from the Rs 950 crore IDBI loan for his Kingfisher Airlines, the ED alleged today before a special court which reserved its order till April 18 on the agency’s plea for a NBW against the beleaguered businessman.

Updated : 16 April 2016, 11:59 PM