BusinessUnited Breweries Management Backs Vijay Mallya For Continuing As Chairman
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United Breweries Management Backs Vijay Mallya For Continuing As Chairman
United Breweries said Vijay Mallya would continue as chairman
Backing comes after ED attachment order for assets worth Rs 6,630 crore
Total attachment made by ED has now shot up to Rs 8,041 crore
United Breweries' management came out in support of the embattled liquor baron Vijay Mallya.
Bengaluru: Coming out in support of the embattled liquor baron Vijay Mallya, the United Breweries Ltd management on Wednesday said he would continue as UBL chairman despite reports that the Enforcement Directorate had attached his shares in the firm.
United Breweries has sought legal opinion from a former chief justice of India, company director Chug Yogendra Pal, who chaired its AGM here, said while replying to a query.
Mr Pal sai...