A special court in Mumbai has issued a non-bailable warrant against fugitive businessman Vijay Mallya in connection with a Rs 180-crore loan default case linked to Indian Overseas Bank (IOB). The warrant was issued by special CBI court judge SP Naik Nimbalkar on June 29.
The court emphasised Mallya's status as a "fugitive" and cited previous non-bailable warrants issued against him based on CBI submissions, stating, "this is a fit case to issue an open-ended NBW against him to secure his presence."
