HC bars debt-ridden man from going out, cites Mallya example
The Karnataka High Court barred a debt-ridden businessman from going abroad, citing Vijay Mallya's case. The man, Nitin Shambhu Kumar Kasliwal, owes â¹6,494 crore to banks including Punjab National Bank, Central Bank, and UCO Bank, among others. The prosecution expressed that it fears if he is allowed to go abroad, the banks might not be able to recover their money.