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Vijay Mallya

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                       ​Vijay Mallya is an Indian Businessman and Politician.He was born on 18th December,1955 at Kolkata,India.His parents are Vittal Mallya and Lalitha Ramaiah.His father Vittal Mallya is a businessman and also ex-chairman of United Spirits Ltd.He completed his graduaction in "Bachelor of Commerce" in 1976.During his pursuing,entered into family Business later after his graduation entered into American part of Hoechst AG in United States.
             Coming to his personal life,he has done two marriages.In 1986 he married an Air Hostess of Air India "Sameera Tyabjee".The couple blessed with baby boy"Siddharth Mallya" on 7th may 1987,within a short period they took divorce.Again he married in 1993 whom he known since his childhood"Rekha".They are blessed with two baby girls "Leanna and Tanya".The second wife Rekha has already married before Mallya.She has a daughter and son "Leila and Kabir".Mallya adopted Rekha's daughter Leila".Mallya said that "I am responsible as a father to play an active role in determining their future.
              Vijay Mallya,after his father death in 1983 when he was 26 years old,became Chairman of "United Breweries Group".The UB group has developed into Multi-national amalgam of over 60companies and in one year i.e, from 1998-1999 period the annual income was increased to 64% over 15 years to US$11.He integrated various companies under "UB Group",spunoff non core and loss making business of alcoholic beverages.In 1988 he has expanded and obtained Berger Paints,Best and Crompton;in 1990 fertilizers and Mangalore Chemicals;In 2001 he started Asian Age newspaper and publisher of film magazine and Cine Blitz, a Bollywood magazine.
              United's Kingfisher beer has more than 50% of share in India's beer market.The kingfisher beer is available in 52 countries and leaded in International market.   
              In 2005,he launched Kingfisher Airlines business.But airlines business was not runned successfully.He did not payed salaries for the employee's for more than 15 months and lost licence to run the Airlines and he took loan more than $1 billion from the bank and the lone by Nov 2015 has increased to $1.35 billion.               
               In Feb 2015,Mallya was forced to resign as Chairman of United Spirit Ltd.He got a contract to receive $75million payment part of deal,but the court in india blocked that payment.
               In 2016 March ,the bank approached the Suprem Court to stop the Mallya from going abroad,due to the he not paid the amount which he has taken loan,but as per media report he has already left from India.On 13th March of 2016 Hyderabd Court issued non-bailable warrant for his arrest,but it obtained that he is in country estates London,England while his lawyer contests the warrant with High Court.On 18th April 2016,he again received a non-bailable warrant for business from a special court "Mumbai".This issue was in response to a petition by Enforcement Directorate(ED) on 15th April before the special court hearing case under Prevention of Money Laundaring Act 2002,There was a statement that he had transferred 4,000 crores to tax hevans. 
               On 11 June 2016,came to known that ED reported that it had "Provisionally attached" 1,411 crores worth Mallya's indian properties against unpaid loan of 807 crores.On 8 september 2016 issued a second order for 6,630 crores worthof his assets,along with farmhouse,shares in UB and multilpe flats in Bengaluru valued 565 crores.By December 2016,the ED has issued totally 9,661 crores worth assets and Kingfisher in India.The ED decided to send a issued note "Letters Rogatory" to US,UK,Europe requesting them to assist it in attachment of Mallya's over ten foreign assets.
              

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