Fugitive businessman Vijay Mallya has suffered a major setback in India. He fled to the United Kingdom after defaulting on bank loans worth over ₹9,000 crore.
Court Seeks Clear Response
The Bombay High Court has ordered Mallya to file a written affidavit. The court asked him to clearly state when he plans to return to India. Judges issued the direction while hearing cases linked to loan defaults and contempt proceedings.
Pressure Mounts on Fugitive Tycoon
Mallya once headed Kingfisher Airlines. He left India as debts mounted and authorities closed in. The government later declared him a fugitive economic offender. Indian agencies continue to push for his extradition from the UK. Banks are also pursuing recovery of dues.
Legal Impact
Legal experts say the order increases pressure on Mallya. They believe it strengthens India’s case in ongoing proceedings. The court may take further action if he fails to submit the affidavit.
What’s Next
The case will return for hearing after the deadline. The development has renewed debate on action against high-profile defaulters and fugitive offenders.
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