A non-bailable warrant has been issued by a Special CBI Court against Vijay Mallya in connection with a Rs 180-crore loan default case involving Indian Overseas Bank.

While issuing the warrant, the judge noted that it was a fit case to issue a non-bailable warrant.

"..no purpose would be served by issuing process in the form of summons against accused no.1. As accused no.1 Vijay Mallya has absconded, declared as fugitive and NBWs are pending for execution against him in other cases, this is a fit case to issue open ended NBW against accused no.1 Vijay Mallya for securing his presence," the order reads. 

Declared a fugitive economic offender, Vijay Mallya is under investigation by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act. Currently residing in London, he is facing extradition efforts by the Indian government.

The non-bailable warrant was issued in connection with a cheating case registered by the CBI, which alleges that the promoter of the former Kingfisher Airlines deliberately and willfully defaulted on repaying a Rs. 180 crore loan.

The loan was granted to Kingfisher Airlines between 2007 and 2012. The chargesheet filed against the private sector carrier alleges that Vijay Mallya's default resulted in a loss of ₹141.91 crore.