Mallya's stepmom to HC: They can’t sell my shares

TNN
December 11, 2018

Bengaluru, Dec 11: Another front has been opened in Vijay Mallya’s legal wrangles in India with his stepmother, Ritu Mallya, impleading herself on Monday in a suit before the Karnataka high court contesting the fugitive tycoon’s offer of settlement with the banks. Her stated intent is to protect her minority interest in United Breweries Holdings Ltd (UBHL).

This development has prompted UBHL to exclude the shares held by Ritu from the Rs 15,000-crore settlement offer made by her stepson.

It is unclear exactly how much stake Ritu holds in UBHL. “I had inherited one-third shares when my husband died (in 1983). I have never sold a single share till date, and I have never taken a loan. I don’t have a roof over my head now. I moved the court to protect my interests,” she told said.

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News Network
October 1,2024

kishore.jpg

The BJP has selected Kishore Kumar Puttur as its candidate for the bypoll to Karnataka Legislative Council from Dakshina Kannada and Udupi Local Authorities’ Constituency. The by-election will be held on October 21.

Kishore Kumar is presently serving as the General Secretary of Dakshina Kannada BJP unit. He had served as vice president of State BJP Yuva Morcha from 2014 to 2016.

The by-election will be held to the seat vacated by Kota Srinivas Poojary of the BJP who has been elected as the Lok Sabha member from Udupi-Chikmagaluru Lok Sabha constituency. The vacancy was created on June 15, 2024 following Poojary’s resignation to the Council. His term in the council was till January, 2028.

In the last Council election held for the dual member constituency in December 2021, Poojary had secured 3,672 votes while the Congress candidate Manjunath Bhandary had secured 2079 votes. Poojary and Bhandary had secured required votes from the first preferential votes and had won the election.

There were several aspirants for the BJP ticket including former MP Nalin Kumar Kateel, DK BJP president Satish Kumpala, Mangaluru divisional in-charge Uday Kumar Shetty, former minister Pramod Madhwaraj and former Udupi district BJP president Kuilady Suresh Nayak.

The Congress is yet to announce its candidate for the election. KPCC working president Manjunath Bhandary in a recent press meet in Mangaluru had said that an opportunity will be given to congress leaders from Udupi district to contest by-election.

The Dakshina Kannada and Udupi Local Authorities’ Constituency has 6037 voters including 3551 from Dakshina Kannada comprising eight MLAs, one MP. The last date for filing nomination is October 3 and the last date for withdrawal of nomination is October 7. The counting will be held on October 24.

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