Vijay Mallya, Chhabria to settle pending lawsuits

| Updated on: Oct 09, 2012

UB Group Chairman Vijay Mallya and Allied Blenders and Distillers (ABD) Chairman K.R. Chhabria have decided to settle all litigations pending in various judicial forums in the country.

A press statement from ABD said Chhabria and Mallya have reached an agreement to settle out of court all pending litigations.

This brings to an end the 20-year-old dispute between KRC Group of Companies, and erstwhile Shaw Wallace Group of Companies, which is now part of Vijay Mallya-controlled United Spirits Ltd.

The consent terms signed by the two companies were filed in the Kolkata High Court today.

Published on March 12, 2018

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