Kingfisher Airlines commenced operations in 2005 and was declared bankrupt in 2012. Vijay Mallya, in order to avoid justice fled India in 2016 owing Rs. 9000 Crore to Indian banks. This news spread like wildfire, it questioned even the jurisdiction capabilities of the Indian Government on how easily justice could be evaded by crossing the nation’s border.
The process of entrepreneurship begins with designing, launching, and managing a business venture along with the risk it carries with it. It is not just a venture but a bread earner for people who have invested their life in thinking about the idea, working on that and expanding it to the fullest. With the passage of time, it becomes an emotion for those ambitious people.