The release of a Netflix series on four Indian tycoons facing fraud allegations has been put on hold following a court order.
The “Bad Boy Billionaires: India” docu series about liquor tycoon Vijay Mallya, Subrata Roy of the Sahara group, founder and former head of Satyam Computer Services Ramalinga Raju and jeweler Nirav Modi was set for release last week.
The Araria district court in Bihar ordered a stay on its release after the Sahara group argued it would damage Roy’s reputation, according to a copy of the order, reported Reuters.
Netflix had sought to appeal against the directive in the Supreme Court but was directed by judges on Wednesday to approach a state high state court first.
Raju, who was accused of a $1 billion accounting fraud more than a decade ago, has also secured an order from another state’s court against the show’s release.
Nirav Modi is facing extradition attempts by India after his arrest in London last year for alleged involvement in a $2 billion bank fraud, while Mallya too is in Britain fighting India’s extradition bid for alleged fraud at his now defunct Kingfisher Airlines.Read More