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Wilful defaulter: Is this end of the road for Vijay Mallya?

Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors.
Will sell MCF stake if Mallya keeps mum on JV plan: Zuari

Speaking to CNBC-TV18, Poddar, who holds over 16 percent in MCF, said that he consulted Mallya before buying the stake. Mallya, had then agreed with Poddar that he would enter into a joint venture with Zuari.

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Mcf

Wilful defaulter: Is this end of the road for Vijay Mallya?

Will sell MCF stake if Mallya keeps mum on JV plan: Zuari