Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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        LATEST NEWS UPDATES | India&#039;s wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur    </title>
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-The Times of India

NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity..."/>
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-The Times of India

NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity..." />
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    <h1 class="cat-box-title">India&#039;s wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with dues of over Rs 1,000 crore, together had over Rs 26,000 crore outstanding to the banks<br /><br />Analysis of the publically available data for suit-filed accounts (wilful defaulters) of Rs 25 lakh and above shows that Jatin Mehta-promoted Winsome Diamonds &amp; Jewellery Ltd and Forever Precious Jewellery &amp; Diamonds Ltd owed close to Rs 5,500 crore to various banks. Mehta is reported to be now a citizen of St Kitts and Nevis, a tax haven with which India doesn&rsquo;t have an extradition treaty. <br /><br />Mehta&rsquo;s companies are followed by Vijay Mallya&rsquo;s Kingfisher Airlines, which has to pay back over Rs 3,000 crore under this head. The third company in the list is Kolkata-based REI Agro, a company owned by Sandip Jhunjhunwala, which, according to news reports, was once listed in London and Singapore stock exchanges and was co-sponsor of an IPL team. This company owes Rs 2,730 crore. Next in the list are the companies owned by Prabodh Kumar Tewari and his family members. The amount outstanding on Mahuaa Media, Pearl Studio Pvt. Ltd, Century Communication and Pixion Media Pvt Ltd is Rs 2,416 crore. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms" title="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">India&#039;s wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with dues of over Rs 1,000 crore, together had over Rs 26,000 crore outstanding to the banks<br /><br />Analysis of the publically available data for suit-filed accounts (wilful defaulters) of Rs 25 lakh and above shows that Jatin Mehta-promoted Winsome Diamonds &amp; Jewellery Ltd and Forever Precious Jewellery &amp; Diamonds Ltd owed close to Rs 5,500 crore to various banks. Mehta is reported to be now a citizen of St Kitts and Nevis, a tax haven with which India doesn&rsquo;t have an extradition treaty. <br /><br />Mehta&rsquo;s companies are followed by Vijay Mallya&rsquo;s Kingfisher Airlines, which has to pay back over Rs 3,000 crore under this head. The third company in the list is Kolkata-based REI Agro, a company owned by Sandip Jhunjhunwala, which, according to news reports, was once listed in London and Singapore stock exchanges and was co-sponsor of an IPL team. This company owes Rs 2,730 crore. Next in the list are the companies owned by Prabodh Kumar Tewari and his family members. The amount outstanding on Mahuaa Media, Pearl Studio Pvt. Ltd, Century Communication and Pixion Media Pvt Ltd is Rs 2,416 crore. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms" title="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | India&#039;s wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur    </title>
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-The Times of India

NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity..."/>
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NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity..." />
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    <h1 class="cat-box-title">India&#039;s wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as &ldquo;wilful defaulters&rdquo;, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with dues of over Rs 1,000 crore, together had over Rs 26,000 crore outstanding to the banks<br /><br />Analysis of the publically available data for suit-filed accounts (wilful defaulters) of Rs 25 lakh and above shows that Jatin Mehta-promoted Winsome Diamonds &amp; Jewellery Ltd and Forever Precious Jewellery &amp; Diamonds Ltd owed close to Rs 5,500 crore to various banks. Mehta is reported to be now a citizen of St Kitts and Nevis, a tax haven with which India doesn&rsquo;t have an extradition treaty. <br /><br />Mehta&rsquo;s companies are followed by Vijay Mallya&rsquo;s Kingfisher Airlines, which has to pay back over Rs 3,000 crore under this head. The third company in the list is Kolkata-based REI Agro, a company owned by Sandip Jhunjhunwala, which, according to news reports, was once listed in London and Singapore stock exchanges and was co-sponsor of an IPL team. This company owes Rs 2,730 crore. Next in the list are the companies owned by Prabodh Kumar Tewari and his family members. The amount outstanding on Mahuaa Media, Pearl Studio Pvt. Ltd, Century Communication and Pixion Media Pvt Ltd is Rs 2,416 crore. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms" title="https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms">click here</a> to read more. <br /></div>                                                           
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India's wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur

Published on Feb 26, 2018   Modified on Feb 26, 2018

-The Times of India NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as “wilful defaulters”, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with dues of over Rs 1,000 crore, together had over Rs 26,000 crore outstanding to the banks Analysis of the publically available data for suit-filed accounts (wilful defaulters) of Rs 25 lakh and above shows that Jatin Mehta-promoted Winsome Diamonds & Jewellery Ltd and Forever Precious Jewellery & Diamonds Ltd owed close to Rs 5,500 crore to various banks. Mehta is reported to be now a citizen of St Kitts and Nevis, a tax haven with which India doesn’t have an extradition treaty. Mehta’s companies are followed by Vijay Mallya’s Kingfisher Airlines, which has to pay back over Rs 3,000 crore under this head. The third company in the list is Kolkata-based REI Agro, a company owned by Sandip Jhunjhunwala, which, according to news reports, was once listed in London and Singapore stock exchanges and was co-sponsor of an IPL team. This company owes Rs 2,730 crore. Next in the list are the companies owned by Prabodh Kumar Tewari and his family members. The amount outstanding on Mahuaa Media, Pearl Studio Pvt. Ltd, Century Communication and Pixion Media Pvt Ltd is Rs 2,416 crore. Please click here to read more.

The Times of India, 23 February, 2018, https://timesofindia.indiatimes.com/business/india-business/indias-wilful-defaulters-owe-more-than-rs-1-lakh-crore-to-banks/articleshow/63035851.cms

Tagged with: banking wilful defaulters Loan Default

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