Is this really the image that KingFisher needs to put out at this point of time? I mean no salaries for 7 months, one person has committed suicide, and rather than responding to the family of the bereaved, rather there is no reaction, nothing from Mallaya Sr. Over 3000 employees are without a job, and no salaries since March. Is this really what our country has broken down to? One simply walks over everything and gets away with it? If you and I get a car loan or a home loan, the recovery agents are after our lives in a few months of faltering on payments. I understand its not the same with a loan for a big company, but still, I'm sure the basics would be the same? So now what happens? The government bails out the public sector banks whose moneys are invested in the company? And that comes from the tax payer's pocket? Like they have for all these years for Air India? Why is there no clear/strict/straight action on the people behind Kingfisher?
What they do personally wont concern me, but as industrialist they sure are responsible for more people besides themselves.
Wasn't a non-bailable warrant issue against Mallaya Sr. and the KF bosses for a bounced check. It was never enacted by the Police apparently.