Non-Bailable Warrant Against Vijay Mallya In 180-Crore Loan Default Case

A special court in Mumbai has issued a non-bailable warrant (NBW) against fugitive businessman Vijay Mallya in a Rs 180-crore loan default case linked to Indian Overseas Bank (IOB).

The NBW was issued against Mallya on June 29 by special CBI court judge SP Naik Nimbalkar and a detailed order was made available on Monday.

Citing other non-bailable warrants issued against the 68-year-old businessman after taking into account CBI submission, and his status as a ”fugitive”, the court noted, ”this is a fit case to issue an open-ended NBW against him to secure his presence”.