Vijay Mallya, you can’t have your cake and eat it too
Definitive action against Vijay Mallya will prove whether or not we are failed once again by the political class
I was amused to read Vijay Mallya’s recent statement wherein he puts forward his point of view on the current debate on corporate debt and raises the question of limited liability of shareholders in limited companies versus the promoter’s personal liability in repaying debts raised in the company’s books. He argues forcefully about rule of law and the hysterical attack on his “reputation" by a section of the media.
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