{"id":41950,"date":"2016-03-14T08:26:28","date_gmt":"2016-03-14T02:56:28","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=41950"},"modified":"2016-03-14T08:26:28","modified_gmt":"2016-03-14T02:56:28","slug":"wilful-defaulters-brought-justice-govt","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt","title":{"rendered":"All wilful defaulters to be  brought to justice: Govt"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?ssl=1\" rel=\"attachment wp-att-41951\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"186\" height=\"186\" data-attachment-id=\"41951\" data-permalink=\"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt\/vijay-mallaya\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&amp;ssl=1\" data-orig-size=\"186,186\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"vijay mallaya\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;wilful defaulters&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&amp;ssl=1\" class=\"alignleft size-full wp-image-41951\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?resize=186%2C186&#038;ssl=1\" alt=\"vijay mallaya\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?w=186&amp;ssl=1 186w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?resize=125%2C125&amp;ssl=1 125w\" sizes=\"auto, (max-width: 186px) 100vw, 186px\" \/><\/a>Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said &#8220;full force of the law&#8221; is being applied to bring all wilful loan defaulters to justice.<\/p>\n<p>Minister of State for Finance Jayant Sinha said wilful defaulters and the corporates that are unable to repay loans as their business being hit due to global slowdown should not be commingled.<\/p>\n<p>&#8220;We have some people that are wilful defaulters, that have genuinely engaged in illegal activity. As far as those are concerned, the full force of the law is being applied. All the investigative agencies are working in that regard to ensure that they have to be brought to justice,&#8221; he told reporters here.<\/p>\n<p>He, however, did not made any direct reference to Mallya who had left India on March 2, presumably for London, days before the Supreme Court heard a plea of clutch of state-owned banks seeking recovery of over Rs 9,000 crore from his group companies.<\/p>\n<p>Sinha said the second set of defaulters are those corporates who because of some slowdown in global economy or because of policy failure of the previous government are facing significant financial distress.<\/p>\n<p>&#8220;And we have to have appropriate resolution process as well as appropriate policy intervention to ensure those that are NPAs for those kind of reasons go through orderly resolution process,&#8221; he said.<\/p>\n<p>He said there wasn&#8217;t anything &#8220;illegal or criminal&#8221; done by those classic business failures that happened because of wrong business\/financial strategies or external factors that made project or business unviable.<\/p>\n<p>&#8220;&#8230; we have to recognise that we have to ensure these problems have occurred because people have done willfully wrong thing &#8230;(and) people who are facing business challenges do not have to go through those kind of problems again.<\/p>\n<p>&#8220;So we have to deal with structural issues which is where bankruptcy code becomes important so that we avoid these problems in future&#8230;,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said &#8220;full force of the law&#8221; is being applied to bring all wilful loan defaulters to justice. Minister of State for Finance Jayant Sinha said wilful defaulters and the corporates that are unable to repay loans as their business being hit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[20124,1],"tags":[31987,33952,1215,36010,10449,36011],"class_list":["post-41950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-court-judiciary-legal-system","category-top-law-news","tag-featured","tag-govt","tag-justice","tag-minister-of-state-for-finance-jayant-sinha","tag-vijay-mallya","tag-wilful-defaulters"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said &quot;full force of the law&quot; is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"og:description\" content=\"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said &quot;full force of the law&quot; is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalindiaCom\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-14T02:56:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"186\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Legal India Admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Legal India Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt\"},\"author\":{\"name\":\"Legal India Admin\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/0bfdffe9059fb8bb24a86d094609c5ea\"},\"headline\":\"All wilful defaulters to be brought to justice: Govt\",\"datePublished\":\"2016-03-14T02:56:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt\"},\"wordCount\":326,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/vijay-mallaya.jpg?fit=186%2C186&ssl=1\",\"keywords\":[\"featured\",\"Govt\",\"justice\",\"Minister of State for Finance Jayant Sinha\",\"Vijay Mallya\",\"wilful defaulters\"],\"articleSection\":[\"Court, Judiciary &amp; Legal System\",\"Top Law News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt\",\"name\":\"All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/vijay-mallaya.jpg?fit=186%2C186&ssl=1\",\"datePublished\":\"2016-03-14T02:56:28+00:00\",\"description\":\"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said \\\"full force of the law\\\" is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/vijay-mallaya.jpg?fit=186%2C186&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/vijay-mallaya.jpg?fit=186%2C186&ssl=1\",\"width\":186,\"height\":186,\"caption\":\"wilful defaulters\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/wilful-defaulters-brought-justice-govt#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Court, Judiciary &amp; Legal System\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/category\\\/court-judiciary-legal-system\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"All wilful defaulters to be brought to justice: Govt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"name\":\"Legal News India - Supreme Court & High Court Updates\",\"description\":\"Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\",\"name\":\"Legal News India: Supreme Court, High Courts & Govt Updates\",\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"Legal News India: Supreme Court, High Courts & Govt Updates\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/LegalindiaCom\\\/\",\"https:\\\/\\\/x.com\\\/Legal_india\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/0bfdffe9059fb8bb24a86d094609c5ea\",\"name\":\"Legal India Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g\",\"caption\":\"Legal India Admin\"},\"sameAs\":[\"https:\\\/\\\/www.legalindia.com\",\"https:\\\/\\\/x.com\\\/legaliadmin\"],\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/author\\\/legal-india-admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates","description":"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said \"full force of the law\" is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt","og_locale":"en_US","og_type":"article","og_title":"All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates","og_description":"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said \"full force of the law\" is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.","og_url":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt","og_site_name":"Legal News India - Supreme Court &amp; High Court Updates","article_publisher":"https:\/\/www.facebook.com\/LegalindiaCom\/","article_published_time":"2016-03-14T02:56:28+00:00","og_image":[{"width":186,"height":186,"url":"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg","type":"image\/jpeg"}],"author":"Legal India Admin","twitter_misc":{"Written by":"Legal India Admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#article","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt"},"author":{"name":"Legal India Admin","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/0bfdffe9059fb8bb24a86d094609c5ea"},"headline":"All wilful defaulters to be brought to justice: Govt","datePublished":"2016-03-14T02:56:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt"},"wordCount":326,"commentCount":0,"publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&ssl=1","keywords":["featured","Govt","justice","Minister of State for Finance Jayant Sinha","Vijay Mallya","wilful defaulters"],"articleSection":["Court, Judiciary &amp; Legal System","Top Law News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt","url":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt","name":"All wilful defaulters to be brought to justice: Govt - Legal News India - Supreme Court &amp; High Court Updates","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#primaryimage"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&ssl=1","datePublished":"2016-03-14T02:56:28+00:00","description":"Amid a raging row over loan defaults by Vijay Mallya, the government on Sunday said \"full force of the law\" is being applied to bring all wilful loan - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.","breadcrumb":{"@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#primaryimage","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&ssl=1","width":186,"height":186,"caption":"wilful defaulters"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalindia.com\/news\/wilful-defaulters-brought-justice-govt#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalindia.com\/news\/"},{"@type":"ListItem","position":2,"name":"Court, Judiciary &amp; Legal System","item":"https:\/\/www.legalindia.com\/news\/category\/court-judiciary-legal-system"},{"@type":"ListItem","position":3,"name":"All wilful defaulters to be brought to justice: Govt"}]},{"@type":"WebSite","@id":"https:\/\/www.legalindia.com\/news\/#website","url":"https:\/\/www.legalindia.com\/news\/","name":"Legal News India - Supreme Court & High Court Updates","description":"Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.","publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"alternateName":"Legal News India for Advocates, Lawyers & Law Students","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalindia.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.legalindia.com\/news\/#organization","name":"Legal News India: Supreme Court, High Courts & Govt Updates","alternateName":"Legal News India for Advocates, Lawyers & Law Students","url":"https:\/\/www.legalindia.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"Legal News India: Supreme Court, High Courts & Govt Updates"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/LegalindiaCom\/","https:\/\/x.com\/Legal_india"]},{"@type":"Person","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/0bfdffe9059fb8bb24a86d094609c5ea","name":"Legal India Admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4faa9d728ed1af3b73d52225c7f12901ac726fe6f7ea0a3348a1d51f3a930987?s=96&d=mm&r=g","caption":"Legal India Admin"},"sameAs":["https:\/\/www.legalindia.com","https:\/\/x.com\/legaliadmin"],"url":"https:\/\/www.legalindia.com\/news\/author\/legal-india-admin"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?fit=186%2C186&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":35041,"url":"https:\/\/www.legalindia.com\/news\/supreme-court-refuses-entertain-plea-kingfisher-airlines","url_meta":{"origin":41950,"position":0},"title":"Supreme Court refuses to entertain plea of Kingfisher Airlines","author":"Legal India Admin","date":"September 2, 2014","format":false,"excerpt":"The Supreme Court today refused to entertain a petition filed by Kingfisher Airline against being declared as wilful defaulter, saying it has become infructuous as the Grievance Redressal Committee of Union Bank of India has already passed an order. \"Your grievance has been, that Grievance Redressal Committee (GRC) should not\u2026","rel":"","context":"In &quot;Court, Judiciary &amp; Legal System&quot;","block_context":{"text":"Court, Judiciary &amp; Legal System","link":"https:\/\/www.legalindia.com\/news\/category\/court-judiciary-legal-system"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/vijaymallya.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":41959,"url":"https:\/\/www.legalindia.com\/news\/hyderabad-court-issues-non-bailable-warrant-vijay-mallya","url_meta":{"origin":41950,"position":1},"title":"Hyderabad court issues non-bailable warrant against Vijay Mallya","author":"Legal India Admin","date":"March 14, 2016","format":false,"excerpt":"A non-bailable warrant has been issued against businessman Vijay Mallya after he failed to appear in a court here in connection with alleged dishonour of a cheque of Rs 50 lakh to GMR Hyderabad International Airport Ltd. The counsel for Mallya, who is at the centre of a raging controversy\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"wilful defaulters","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallaya.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":51066,"url":"https:\/\/www.legalindia.com\/news\/lok-sabha-passes-bill-amend-insolvency-bankruptcy-code","url_meta":{"origin":41950,"position":2},"title":"Lok Sabha passes Bill to amend Insolvency &#038; Bankruptcy Code","author":"Legal India Admin","date":"December 30, 2017","format":false,"excerpt":"The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill -2017.The bill prohibits certain persons from submitting a resolution plan in case of defaults. These include wilful defaulters, promoters or management of the company if it has an outstanding non-performing debt for over a year. The Bill also\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/12\/Parliament-of-India-1.jpg?fit=759%2C422&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/12\/Parliament-of-India-1.jpg?fit=759%2C422&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/12\/Parliament-of-India-1.jpg?fit=759%2C422&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/12\/Parliament-of-India-1.jpg?fit=759%2C422&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":34948,"url":"https:\/\/www.legalindia.com\/news\/hc-dismisses-kingfisher-airlines-appeal","url_meta":{"origin":41950,"position":3},"title":"HC dismisses Kingfisher Airlines appeal","author":"Legal India Admin","date":"August 29, 2014","format":false,"excerpt":"Calcutta High Court on Thursday dismissed an appeal by Kingfisher Airlines against a trial court order that chairman Vijay Mallya and board of directors may be represented by its law officers or company secretary on a showcause notice by United Bank of India (UBI) for alleged wilful default on payment\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Kingfisher Airlines","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/08\/Kingfisher-Airlines-150x150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":41496,"url":"https:\/\/www.legalindia.com\/news\/sc-asks-rbi-to-give-list-of-defaulters-of-over-rs-500-cr-loan","url_meta":{"origin":41950,"position":4},"title":"SC asks RBI to give list of defaulters of over Rs 500 cr loan","author":"Legal India News","date":"February 16, 2016","format":false,"excerpt":"The Supreme Court today directed the RBI to provide a list of companies which are defaulters of bank loans of over Rs 500 crore while expressing serious concern over the rise in bad loans. The apex court also asked the Reserve Bank of India(RBI) to provide within six weeks the\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/07\/SUPREME_COURT_2426338f.jpg?fit=636%2C477&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/07\/SUPREME_COURT_2426338f.jpg?fit=636%2C477&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/07\/SUPREME_COURT_2426338f.jpg?fit=636%2C477&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":55267,"url":"https:\/\/www.legalindia.com\/news\/sc-upholds-insolvency-code-says-defaulters-paradise-is-lost","url_meta":{"origin":41950,"position":5},"title":"SC upholds Insolvency code, says defaulters&#8217; paradise is lost","author":"Legal India Admin","date":"January 26, 2019","format":false,"excerpt":"\"The defaulters' paradise is lost\" and the economy's rightful position has been regained, the Supreme Court said Friday as it upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC) in its entirety. The top court lauded the working of the IBC and said, \"The flow of financial resource\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/01\/sc-1-300x143.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-aUC","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/41950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=41950"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/41950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/41951"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=41950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=41950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=41950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}