Man jailed for three months for not repaying bank debt

NEW DELHI - The Delhi High Court Friday sentenced a man to three months’ imprisonment after he failed to repay a debt of nearly Rs.100 million to a Britain-based bank.

Justice S.N.Dhingra in his order said, ‘It is apparent that he is living a comfortable life, in a luxurious house, with servants and cars, but he has acted with a malafide intention. If he had been poor, then he would not have been able to engage a lawyer in high court first and then a lawyer for filing objection and then for appeal.’

Naveen Khilnani was a businessman in Dubai and had a debt of nearly Rs.100 million to Mashreq bank but did not pay even after a British court ordered him to repay the amount.

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