Hyderabad court issues non-bailable warrant against Mallya

World Sunday 13/March/2016 16:07 PM
By: Times News Service
Hyderabad court issues non-bailable warrant against Mallya

Hyderabad/New Delhi: In more trouble for Vijay Mallya, a Hyderabad court has issued a non-bailable warrant against the beleaguered businessman after he failed to appear before it in a cheque dishonour case amid reports on Sunday that quoted him as having said the time is not "right" for his return to India.
The court order in the case of alleged dishonour of a Rs5 million cheque to GMR Hyderabad International Airport Ltd came even as Union Labour Minister Bandaru Dattatreya said a probe will be launched to check whether there were any anomalies in the Provident Fund(PF) contributions made by Mallya's Kingfisher Airlines for its employees when it was functioning.
Mallya, 60, is facing multiple proceedings for allegedly defaulting on loans of over Rs9,000 crore from various banks.
His departure from India on March 2 unhindered in the middle of the probes also triggered a political row. Amid the row involving Mallya, Minister of State for Finance Jayant Sinha said "full force of the law" is being applied to bring all wilful loan defaulters to justice. He, however, did not name anyone.
The 14th Additional Chief Metropolitan Magistrate (ACMM) in Hyderabad issued the NBWs on March 10 against the company (airline), Mallya and another senior official of the carrier and posted the matter to April 13.
The counsel for Mallya said he will move the high court seeking quashing of the non-bailable warrant.