Times of India Headline and our Government
Kingfisher has defaulted on 4000 crores worth of supplier dues. Given Mallya's net worth the Modi Govt should make him pay all those dues. If he doesn't he should be jailed. more
Viewed by 115
Had this been a case of a common person he would have been sent behind the bars and the property auctioned by the concerned bank under SARFASI act. more
Jul 18
Similarly many others Corporate Houses enjoy the hard earned amounts of the individual and small or large suppliers and show lackadaisical approach while repaying their even admitted debts as the Justice delivery system in Bharat is quite prolonged and technically conflicting and bothersome. I had dealt one such case of a creditor of the KFA, who defaulted after taking services. The promoters of such corporates are always shielded under no personal liabilities after siphoned away with the valuables of the company they floated to make good money from the investors and/or suppliers. more
Jul 17
