Mallya, 64, who is wanted in India on charges of fraud and money laundering amounting to Rs 9,000 crores in unpaid bank loans, said he felt "good" as he entered the court.
This is the first time that action has been initiated under the ordinance recently promulgated by the Modi government to deal with fugitive bank loan defaulters
The 62-year-old former businessman parliamentarian had first represented Karnataka as the member of the Upper House of Parliament between April 10, 2002 and April 9, 2008
