By Rabia Mohamed Ismail Abdul Rahim, NUALS, Kochi.
It all went downhill for the “King of Good Times” in July 2015, when the Central Bureau of Investigation (CBI) registered a case against him, Vijay Mallya, Indian Businessman and Politician, for loan default based on a complaint by IDBI Bank. The 61 year-old Chief of the Kingfisher Airlines who now owes over Rs. 9,000 crores to various Indian banks, fled India, on March 2, 2016 to escape legal proceedings in connection with the loans. And he is not the one to start this trend. Continue reading