What decisions led to Vijay Mallya's bankruptcy?

Kingfisher Airlines for operation founded in the year 2003, it commenced its operation on 9 may 2005. Kingfisher launched all ECONOMY SINGLE CLASS AIRCRAFT with food and entertainment systems. read more

Vijay Mallya gifted Kingfisher Airlines to his SON Siddharth Mallyaon his big day. Siddharth Mallya is the son of the rich Branson who has no control over the expenses and management of the funds. Kingfisher Airlines had never paid tax from the starting of its business. read more

The action has been taken in pursuance of two bank loan money laundering cases of over Rs9,000 crore involving the IDBI bank and a SBI-led consortium and these became predicate offences for the latest action under the Ordinance brought by the Modi government early this year. read more