Mallya resigns as Force India F1 director, seeks appeal in assets case
London, Jun 1 (DIN NEWS) Embattled liquor tycoon Vijay Mallya has resigned as director of his Formula One motorsport company Force India as his legal team filed an application to seek an appeal against a 1.145-billion pound UK high court ruling on freezing of his assets. The 62-year-old Mallya, who is fighting extradition to India on fraud and money laundering charges worth an estimated INR 9,000 crore, resigned as director of Sahara Force India Formula One Team Limited on May 24, according to the UK Companies House records. Sahara India Pariwar…
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