U.K Court ordered to sell Mallya’s 6 cars to pay banks he owed Rs 10,000 crore.

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.

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