The legal is fixing its noose around Vijay Mallya after the agent got his fourth non-bailable warrant on Saturday. Mallya, who is as of now living in the UK, left India on March 2. India has repudiated the big shot's travel permit and has termed him an unshakable defaulter.
On May 11, Britain told India that it can't expel Mallya, who owes more than Rs 9,000 crore to a grip of 17 banks, yet could consider a removal demand for him. The removal could happen under the 1993 settlement or some other important help under the Mutual Legal Assistance Treaty (MLAT) marked in 1992 amongst India and the UK.
Here are the four non-bailable warrants issued against Mallya:
Walk 10 – GMR Check Dishonor Case
Vijay Mallya got a non-bailable warrant from a Hyderabad court after he neglected to be available in court regarding affirmed disrespect of a check of Rs 50 lakh to GMR Hyderabad International Airport.
The Chief Metropolitan Magistrate court issued the warrant against the now-ancient Kingfisher Airlines, its executive Vijay Mallya and another senior authority of the organization.
As indicated by the GMR counsel, a sum of 17 bodies of evidence have been documented against KFA over remarkable measure of Rs 22.5 crore owed to GMR.
April 20 – IDBI Loan Fraud Case
The Enforcement Directorate issued a non-bailable warrant under the Prevention of Money Laundering Act against the alcohol noble in the IDBI advance extortion case.
Mallya disregarded three summons of the ED for the situation and has been blamed for redirecting Rs 430 crore from the Rs 900 crore Kingfisher Airlines acquired from the bank and utilizing that to purchase properties abroad.
The showy representative left India on March 2, after a consortium of banks drew closer the Supreme Court looking for its intercession to recoup Rs 9,000 crore that they assert he owed them.
July 16 – Kingfisher Airlines' Check Bounce Case
A Mumbai court issued a non-bailable warrant against Mallya for a situation identified with the skipping of two checks worth Rs 107 crores gave out to the Airport Authority of India by Kingfisher Airlines in 2012.
DIAL had documented four arguments in June 2012 against Mallya over KFA's checks totalling Rs 7.5 crore not being respected.