In this photograph taken on Dec. 21, 2013, Indian UB Group chairman Vijay Mallya attends the launch of the Kingfisher 2014 calendar in Mumbai. AFP PHOTO/STR/FILES
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A group of Indian banks has petitioned a court seeking the arrest of liquor baron Vijay Mallya, the beleaguered businessman accused of defaulting on hundreds of millions of dollars in loans, a lawyer said Saturday.As well as seeking Mallya's arrest, the consortium of bankers and creditors led by the State Bank of India (SBI) is trying to lay claim to a $75 million severance payout from Diageo.The court's Justice A.S. Bopanna on Friday issued a notice to Mallya seeking his response to the bankers' petition.Mallya last month said that, having recently turned 60, he plans to move to Britain to be closer to his children.
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