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Chairman of the United Breweries Group, Kingfisher Airlines, & Rajya Sabha, MP Vijay Mallya arrives at Parliament House in New Delhi on Wednesday, 23 November 2011. Price rises; black money & Telangana were among a host of issues that disrupted Parliament on the second day of the winter session.

Chairman of the United Breweries Group, Kingfisher Airlines, & Rajya Sabha, MP Vijay Mallya arrives at Parliament House in New Delhi on November 23, 2011. Price rises; black money & Telangana were among a host of issues that disrupted Parliament on the second day of the winter session.

Chairman of the United Breweries Group, Kingfisher Airlines, & Rajya Sabha, MP Vijay Mallya arrives at Parliament House in New Delhi on November 23, 2011. Price rises; black money & Telangana were among a host of issues that disrupted Parliament on the second day of the winter session.

Chairman of the UB Group & Kingfisher Airlines Dr Vijay Mallya during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Chairman of the UB Group & Kingfisher Airlines Dr Vijay Mallya during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Chairman of the UB Group & Kingfisher Airlines Dr Vijay Mallya during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Chairman of the UB Group & Kingfisher Airlines Dr Vijay Mallya during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Chairman of the UB Group & Kingfisher Airlines Dr Vijay Mallya addressing during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Sanjay Agarwal, Dr Vijay Mallya, Chairman of the UB Group & Kingfisher Airlines & Ravi Nedungadi, President & CFO-The UB Group addressing during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Sanjay Agarwal, Dr Vijay Mallya, Chairman of the UB Group & Kingfisher Airlines & Ravi Nedungadi, President & CFO-The UB Group addressing during the press conference of Kingfisher Airlines in Mumbai on Tuesday, 15 November 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya poses for the photographers during the Kingfisher Calendar Hunt 2012 in Mumbai on Thursday, 13 October 2011.

Vijay Mallya Co-Owner of the Force India Formula One team, United Breweries Group & Kingfisher Airlines addresses during the press conference in New Delhi October 11, 2011.Mallya is set to sell a minority stake in the F1 team to Indian business conglomerate Sahara Group, which also sponsors the national cricket team.

Vijay Mallya Co-Owner of the Force India Formula One team, United Breweries Group & Kingfisher Airlines shakes hand with Sahara India Parivar Group Chairman Subrata Roy during thepress conference in New Delhi October 11, 2011.

Vijay Mallya Co-Owner of the Force India Formula One team, United Breweries Group & Kingfisher Airlines & Sahara India Parivar Group Chairman Subrata Roy at press conference in New Delhi on Wednesday, 12 October 2011.Mallya are set to sell a minority stake in the F1 team to Indian business conglomerate Sahara Group, which also sponsors the national cricket team.

Vijay Mallya Co-Owner of the Force India Formula One team, United Breweries Group & Kingfisher Airlines & Sahara India Parivar Group Chairman Subrata Roy at press conference in New Delhi on Wednesday, 12 October 2011.Mallya are set to sell a minority stake in the F1 team to Indian business conglomerate Sahara Group, which also sponsors the national cricket team.

Vijay Mallya Co-Owner of the Force India Formula One team, United Breweries Group & Kingfisher Airlines & Sahara India Parivar Group Chairman Subrata Roy at press conference in New Delhi on Wednesday, 12 October 2011.Mallya are set to sell a minority stake in the F1 team to Indian business conglomerate Sahara Group, which also sponsors the national cricket team.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya with son Siddharth Mallya arriving for the ICC World Cup 2011 final match at Wankhede Stadium in Mumbai on Saturday, 02 April 2011. The ICC World Cup 2011 Final match between India v/s Sri Lanka on 02nd April at Wankhede Stadium in Mumbai.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya during McDowell Signature Indian Derby at Mahalaxmi Race Course in Mumbai Sunday, 06 February 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya arrives during McDowell Signature Indian Derby at Mahalaxmi Race Course in Mumbai Sunday, 06 February 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya with Mother pose for the Photographers during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actors Sameera Reddy with Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya hugs to each others during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya poses the photographers during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actors Sameera Reddy with Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya hugs to each others during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya gestures during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya gestures during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group and Kingfisher Airlines Dr Vijay Mallya with son Siddharth Mallya unveils newly launched 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group and Kingfisher Airlines Dr Vijay Mallya display the newly launched 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya cuts the cake of his birthday during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group and Kingfisher Airlines Dr Vijay Mallya display newly launched 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya with son Siddharth Mallya during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group and Kingfisher Airlines Dr Vijay Mallya display newly launched 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Bollywood Actor Salman Khan with Chairman of the United Breweries Group and Kingfisher Airlines Dr Vijay Mallya Announcement during the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya poses the photographer during the cuts the cake of his birthday at the launch of 9th edition of Kingfisher Swimsuit Calendar 2011 in Mumbai on Saturday, 18 December 2010.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya interacts with Siddharth Mallya during the 8th Standard Chartered Mumbai Marathon 2011 in Mumbai on Sunday, 16 January 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya applauses for son Siddharth Mallya during the 8th Standard Chartered Mumbai Marathon 2011 in Mumbai on Sunday, 16 January 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya & Siddharth Mallya during the 8th Standard Chartered Mumbai Marathon 2011 in Mumbai on Sunday, 16 January 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya interacts with Siddharth Mallya during the 8th Standard Chartered Mumbai Marathon 2011 in Mumbai on Sunday, 16 January 2011.

Chairman of the United Breweries Group & Kingfisher Airlines Dr Vijay Mallya & Siddharth Mallya during the 8th Standard Chartered Mumbai Marathon 2011 in Mumbai on Sunday, 16 January 2011.

Vijay Mallya Owner of Royal Challengers Bangalore arrives during the player’s auction for the Fourth Edition of the Indian Premiere League (IPL) at ITC Gardenia Hotel in Bangalore on Saturday, 08 January 2011.

Vijay Mallya Owner of Royal Challengers Bangalore arrives during the player’s auction for the Fourth Edition of the Indian Premiere League (IPL) at ITC Gardenia Hotel in Bangalore on Saturday, 08 January 2011.