New Delhi, Nov. 4 (PTI): A Delhi court issued a fresh non-bailable warrant (NBW) on Friday against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case after he failed to appear in court. Mallya, who owes a consortium of banks over Rs 9,000 crore, had quietly left India in March and is currently said to be in the UK. The court, on August 6, had also issued an NBW against Mallya saying that coercive steps were required to ensure his appearance. The court had earlier noted that despite repeated orders, Mallya did not appear in the court and it was inevitable for the state machinery to intervene and ensure his presence. DIAL had filed four cases in June 2012 against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.

Source: The Telegraph November 04, 2016 09:39 UTC