Tycoon's Son Fights To Keep Yacht In €5M Qatari Bank Row

Law360, London (April 26, 2019, 4:01 PM BST) -- The son of a fugitive Indian tycoon has filed a counterclaim to block Qatar National Bank from selling his yacht to settle a €5.2 million ($5.8 million) debt allegedly owed by his father’s company, according to documents filed with the High Court in London.

Sidhartha Mallya — whose father Vijay Mallya, the chairman of Kingfisher beer, is fighting extradition from Britain to India over fraud allegations — is battling to maintain his beneficial ownership of the 46-meter luxury vessel, known as Force India.

Lawyers representing Sidhartha and the company that legally owns the boat, Force India Ltd., have filed an amended...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS