London court has ordered that six of the Mallya’s posh cars are to be sold to pay off the Rs 10,000 crore that he owes a consortium of Indian banks. The cars to be sold include four with personalised number plates using his initials VJM, one being a Porsche with the James Bond-esque number plate ‘OO07 VJM’.
Cockerill said the cars must be sold for no less than £404,000.
The order comes after Mallya lost a case in the HC against registration of the Bengaluru Debt Recovery Tribunal (DRT) judgement in U.K Courts.
For More Details Click Here.