AAI asks court to de­clare Mallya pro­claimed of­fender

Hindustan Times (Delhi) - - FRONT PAGE - Tarun Shukla tarun.s@livemint.com

NEWDELHI: The Air­ports Author­ity of In­dia has asked Mum­bai High Court to de­clare Uk-based busi­ness­man Vi­jay Mallya a pro­claimed of­fender in the mat­ter of two bounced cheques for King­fisher Air­lines Ltd.

“Air­ports Author­ity of In­dia has sought is­su­ing of procla­ma­tion..against ac­cused UB Group chair­man Vi­jay Mallya from a Mum­bai court in con­nec­tion with two cases of cheque bounc­ing un­der sec­tion 138 NI Act, filed by Air­port Author­ity of In­dia in the Court of 63rd MM, And­heri Court, Mum­bai for over ₹100 crore,” AAI’S lawyer Neeraj Aarora said in a state­ment on Thurs­day.

Mallya‘s com­ments were awaited till the time of go­ing to press.

Ear­lier, the court hear­ing the bounced cheques cases had di­rected Mallya to ap­pear be­fore it on July 16, 2016. The court then is­sued a non-bail­able war­rant against Mallya. But the war­rant was not ex­e­cuted be­cause it was “re­ceived back un­ex­e­cuted as the ac­cused is not re­sid­ing at the ad­dress men­tioned in the war­rant and (he) was fur­ther re­ported to have fled to United King­dom”, AAI said.

Mallya was ar­rested and re­leased ear­lier this month in Lon­don for the sec­ond time by the Bri­tish po­lice in a case of al­leged money laun­der­ing brought by the En­force­ment Direc­torate (ED).

Mallya flew out of In­dia in March 2016, six days be­fore a group of cred­i­tor-banks led by the State Bank of In­dia moved the Supreme Court to re­strain him from leav­ing In­dia. They also sought an ar­rest war­rant against Mallya and a se­cu­rity de­posit to en­sure his pres­ence at debt re­cov­ery tri­bunal pro­ceed­ings in Ben­galuru.

Mallya launched King­fisher Air­lines in 2005. By 2012, King­fisher was in deep trou­ble, de­spite a sweet­heart debt re­struc­tur­ing deal by banks. By late 2012, KFA was grounded.


Vi­jay Mallya: What next?

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.