The King of good times, Vijay Mallya is definitely giving a hard time to officials and banks in India. On Monday, Supreme Court issued a notice to Mallya over a contempt petition filed by the banks alleging that he had failed to disclose his assets.
Mallya, who is currently in UK, owes Rs 9000 crores to banks in a loan default case.
Mallya left for the UK on March 2 this year after the CBI and the Income Tax Department charged him for money laundering. The Enforcement Directorate too filed a case of money laundering against Mallya.
While all efforts are being made to investigate the liquor baron, the Indian government has said that Mallya's deportation from UK is not possible since he does not own a valid Indian passport. Mallya however, owns a valid UK passport owing to a residency permit since 1992.
Mallya, in an interview to Financial Times, had said that he was in a forced exile and denied any allegations made against him. Mallya has been active on his Twitter account and constantly posts updates, sometimes even clearing the air about the constroversy surrounding him.
Here are some developments on Mallya since the time he left India:
SC issues notice to Vijay Mallya
Supreme Court has issued a notice to Mallya over a contempt petition filed by the banks alleging that he had failed to disclose his assets.
Mallya shows up at British Grand Prix
Mallya made a public apprearance at the Formula One track in Silverstone earlier this month after he left India.
Mallya will return if promised a fair trial
Mallya has said that he would not return to India unless assured of a fair trial regarding the cases pending against him.
Mallya bares his heart in an interview
Vijay Mallya during an interview with the Financial Times in London in April this year said that he was in a forced exile.