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India’s liquor baron <keyword id="14678" type="PERSON" weightage="100" keywordseo="Vijay-Mallya">Vijay Mallya</keyword> has been in a good <a href="http://www.businessinsider.in/Govt-Rejects-Vijay-Mallya-As-Kingfisher-Airlines-Director/articleshow/45345410.cms">few controversies</a> in the recent past, and being <a href="http://www.businessinsider.in/PNB-not-the-only-bank-to-declare-me-a-defaulter-will-do-what-I-have-to-do-Mallya/articleshow/51054600.cms">declared as a wilful defaulter by Punjab National Bank</a> and <a href="http://www.businessinsider.in/United-Bank-Of-India-First-Bank-To-Declare-KFA-And-Vijay-Mallya-As-Wilful-Defaulter/articleshow/41419364.cms">United Bank of India</a> might just be one of them. 
 However, <keyword id="6354731" type="CITY" weightage="100" keywordseo="State-Bank-Of-India">State Bank of India</keyword>, country's largest lender, has decided to deal with him hands on. <keyword id="13222" type="CITY" weightage="100" keywordseo="SBI">SBI</keyword> has reportedly approached the Debt Recovery Tribunal (DRT) seeking the arrest of Vijay Mallya so that <a href="http://www.businessinsider.in/SBI-Sends-Letter-to-Kingfisher-Airlines-May-declare-Vijay-Mallya-As-A-Wilful-Defaulter-Soon/articleshow/41707004.cms">loans to Kingfisher Airlines</a>, which was once promoted by the liquor baron can be recovered. 
 
Not only an arrest, SBI also wants his passport to be impounded and a complete disclosure of his personal assets. The move has come after Mallya struck a $75-million deal with Diageo to exit United Spirits and relocate to the UK. 
 
The CBI has charged on lenders for not taking timely action against the defaulter, which helped the company "divert funds and destroy evidence". 
 "Despite our repeated requests, the banks did not file a complaint with the CBI. We had to register the case on our own." Regretting that only "one among the 17 lenders" had declared Kingfisher a "wilful defaulter", CBI Director <keyword id="235651" type="PERSON" weightage="100" keywordseo="Anil-Sinha">Anil Sinha</keyword> said. 
 
<a href="http://s3.india.com/wp-content/uploads/2016/02/vijay-mallya.jpg">Image source</a>

SBI wants Vijay Mallya arrested

Indian government is set to face a stretched legal battle with the British courts before it can convince them for the <a href="http://www.businessinsider.in/india-asks-british-high-commission-for-extradition-of-vijay-mallya/articleshow/57064887.cms">extradition</a> of erstwhile liquor baron <a href="http://www.businessinsider.in/small-business/people/13-of-vijay-mallyas-properties-to-be-auctioned-including-his-palatial-mumbai-house/articleshow/57310868.cms">Vijay Mallya</a>. These court proceedings could last up to a year, even as the government prepares a strong defence of its case. Also read: <a href="http://www.businessinsider.in/breaking-news-vijay-mallya-arrested-in-london-to-be-extradited-soon/articleshow/58240032.cms">Breaking News: Vijay Mallya arrested in London; to be extradited soon</a>It’s for the first time that a special team of investigators, senior bureaucrats, lawyers and consultants has been created, especially to make sure that this extradition goes through well. "India will also rope in some Queen's Counsels (QCs). The government had already planned this and you will see the lawyers being finalised within the next few days," a person in the know told <a href="http://m.economictimes.com/news/politics-and-nation/india-to-press-before-uk-court-for-vijay-mallyas-extradition/articleshow/58243592.cms">ET</a>. However, it won’t be easy for the government to bring <a href="http://www.businessinsider.in/latest/ready-to-talk-one-time-settlement-says-vijay-mallya/articleshow/57576873.cms">Mallya</a> back.Also read: <a href="http://www.businessinsider.in/indian-authorities-have-no-grounds-to-extradite-me-i-wont-leave-britain-vijay-mallya/articleshow/57306002.cms">Indian authorities have no grounds to extradite me, I won’t leave Britain: Vijay Mallya</a>"It is going to be a long-drawn battle between the Indian government and <a href="http://www.businessinsider.in/small-business/people/vijay-mallya-reveals-faulty-pw-engines-led-to-kingfisher-airlines-collapse/articleshow/57446858.cms">Vijay Mallya</a>," said Zulfiquar M Memon, managing partner, MZM Legal. "Formal arrest and bail at the Westminster Magistrates' Court is just a formality to kick-start the process. The case for extradition will begin now, which will be contested till the end by Mallya's lawyers." In the past, India was unable to extradite music director Nadeem Saifee as well as former IPL chief <a href="http://www.businessinsider.in/sports/Sacked-IPL-commissioner-preparing-blueprint-of-breakaway-cricket-body-to-rival-ICC/articleshow/48424201.cms">Lalit Modi</a> from London, both of which cases saw involvement from MZM Legal.Also read: <a href="http://www.businessinsider.in/how-does-ipl-make-money-lets-find-it-here/articleshow/58111135.cms">How does IPL make money? Let's find it here</a>"Scotland Yard is involved in the arrest as the Indian police have no jurisdiction in the UK. The English courts will now decide on extradition, applying English laws and the extradition treaty with India. The Indian government will have to establish the case against him for extradition, but obviously, the actual criminal trial will be conducted in India," said Anand Desai, managing partner, DSK Legal.

It won’t be an easy task to get Mallya back from British Courts

Liquor baron <a href="http://www.businessinsider.in/searchresult.cms?query=vijay+mallya&amp;sortorder=effectivedate">Vijay Mallya</a> was granted bail hours after he was arrested by the <a href="http://www.businessinsider.in/searchresult.cms?query=scotland+yard&amp;sortorder=effectivedate">Scotland Yard</a>. Mallya, who has been charged with conspiracy and fraud over a loan to his defunct <keyword id="6373962" type="CITY" weightage="20" keywordseo="Kingfisher-Airlines">Kingfisher Airlines</keyword>, fled to Britain in March last year. He has set his base in London. Banks in India have sued Mallya to recover some Rs 9,000 crore and he has been charged with conspiracy and fraud Mallya has always dismissed the charges, saying "not one rupee was misused". Meanwhile, Mallya was arrested in relation to extradition request from the UK to India. He was arrested under the Mutual Legal Assistance Treaty by the <keyword id="713995" type="ORGANIZATION" weightage="20" keywordseo="London-Metropolitan-Police">London Metropolitan Police</keyword> on behalf of Indian authorities on fraud accusations. Here’s the full text of what <keyword id="62696" type="ORGANIZATION" weightage="100" keywordseo="Scotland-Yard">Scotland Yard</keyword> said on Mallya’s arrest Officers from the Metropolitan Police’s Extradition Unit have this morning, Tuesday 18 April arrested a man on an extradition warrant. <keyword id="14678" type="PERSON" weightage="100" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>, 61 (18/12/1955), was arrested on behalf of the Indian authorities in relation to accusations of fraud. He was arrested after attending a central London police station, and will appear at Westminster Magistrates’ Court later today, 18 April.

This is what Scotland Yard said on Vijay Mallya’s arrest

Indian Liquor baron <keyword id="14678" type="PERSON" weightage="100" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>, who has <a href="http://www.businessinsider.in/A-little-too-late-Mallya-flew-out-of-India-before-banks-could-take-a-stay-order-against-him/articleshow/51323634.cms">fled the country</a> after being named a wilful defaulter by several state-run banks, has sought time till April for to appear before the ED in person. Doing this, he has virtually made it clear that he would not present himself before the anti-money laundering agency in connection to the summons issued in the IDBI bank loan default case. 
 
As per officials from the Enforcement Directorate, he has approached the investigating officer saying that he would not be able to keep tomorrow's date, seeking time till April. 
 
Agency officials are considering options and going through the reply and reasons that are cited by Mallya in his communication before taking a final decision. 
 
Also read: <a href="http://www.businessinsider.in/Mallyas-Kingfisher-House-in-Mumbai-now-on-auction-by-SBI-for-more-than-Rs-150-crore/articleshow/51438555.cms">Mallya’s Kingfisher House in Mumbai now on auction by SBI for more than Rs 150 crore</a> 
 
Meanwhile, ED has also written to the 17-bank consortium led by <a href="http://www.businessinsider.in/SBI-wants-Vijay-Mallya-arrested/articleshow/51240258.cms">SBI</a>, whose <a href="http://www.businessinsider.in/Vijay-Mallyas-journey-from-a-businessman-to-a-fraudster/articleshow/51328653.cms">money Mallya owes</a>, about this. 
 
<a href="http://www.clipper28.com/images/2016/Mar-2016/10-03-2016/80.jpg">Image source</a>

You Searched For "Mallya arrest" and got 4 results

SBI wants Vijay Mallya arrested

BI India Bureau

It won’t be an easy task to get Mallya back from British Courts

BI India Bureau

This is what Scotland Yard said on Vijay Mallya’s arrest

BI India Bureau

Vijay Mallya won’t come to India before April

BI India Bureau

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