Supreme Court asks #VijayMallya to be present before it on March 30 #kingfisher
The Supreme Court on Wednesday asked Vijay Mallya to be present before it on March 30, with his passport, after learning that the beleaguered liquor baron had left the country.
Mallya, the chairman of the UB Group and a Rajya Sabha member, is facing legal proceedings for allegedly defaulting on loans of Rs 9,000 crore. A consortium of banks has moved the court seeking the freezing of his passport.
On Wednesday, Attorney General (AG) Mukul Rohatgi told the Bench of Justice Kurian Joseph and Justice R F Nariman that Mallya had left the country, possibly for the UK, on March 2 — the day the banks had appealed against him at the Debt Recovery Tribunal (DRT).