Mallya faces arrest in India over bounced cheque

Dr. Vijay Mallya (IND) Force India F1 Team Owner with the Fly Kingfisher Speed Divas. Formula One World Championship, Rd 14, Singapore Grand Prix, Race Day, Marina Bay Street Circuit, Singapore, Sunday 27 September 2009.Oct.13 (GMM) Two weeks before he is due to sit on the pitwall in his native India, Force India chief Vijay Mallya is facing arrest.

A non-bailable arrest warrant was issued by a Hyderabad court on Friday, relating to cheques issued by his struggling airline Kingfisher that bounced.

The warrant was issued because billionaire Mallya failed to appear for a court hearing.

“The warrant doesn’t mean Mallya is going to be arrested immediately,” a supreme court lawyer is quoted by Bloomberg.

“Cheque bounce is a criminal offense, but it isn’t something that’s out of the ordinary.”