In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company on May 31 defaulted on repayments of a principal amount of Rs 1,600 crore and interest of Rs 2,361 crore
Fugitive diamantaire Mehul Choksi, who defaulted on loans worth Rs 7,848 crore, tops the list of India's biggest wilful defaulters
A bench headed by Justice U U Lalit also imposed a fine of Rs 2,000 on Mallya. The top court had on March 10 reserved its order in the matter, observing that proceedings against Mallya have hit a 'dead wall'.
