The court has ordered registering of a "special criminal case" against the 19 entities
The ED, on January 4, is likely to press for declaring Mallya a PO since the court has already given him the last opportunity to appear in the case
This was a part of the $75 mn deal for his exit from United Spirits Ltd
Crown Prosecution Service will argue the case in the court on behalf of the Indian government
SC directed Mallya to appear to argue on the quantum of punishment
Air India has sunk more money, and will create a bigger hole in the books of lenders than Kingfisher
The properties were historically used or occupied by liquor baron Vijay Mallya
SC's order came on a plea by the consortium of banks led by SBI