Oct.13 (GMM/Inautonews.com) Two weeks before he is due to sit on the pitwall in his native India, Force India chief Vijay Mallya is facing arrest.
A non-bailable arrest warrant was issued by a Hyderabad court on Friday, relating to cheques issued by his struggling airline Kingfisher that bounced.
The warrant was issued because billionaire Mallya failed to appear for a court hearing.
“The warrant doesn’t mean Mallya is going to be arrested immediately,” a supreme court lawyer is quoted by Bloomberg.
“Cheque bounce is a criminal offense, but it isn’t something that’s out of the ordinary.”