Thursday, January 18, 2018

Kingfisher case: Court orders issuance to Mallya, 18 others on SFIO complaint

New Delhi: A court has directed issuance of arrest warrant against defaulter businessman Vijay Mallya and 18 others in the Kingfisher Airlines case, on a complaint filed by the Serious Fraud Investigation Office (SFIO).

The probe agency, which comes under the corporate affairs ministry, has come across various violations of companies law in the case related to Kingfisher Airlines, which was grounded in 2012.

A Special Court, constituted under the Companies Act, in Bengaluru has directed issuance of arrest warrants against Mallya and 18 others, according to a court document.
18/01/18 PTI/Economic Times
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