Aug 24, 2016 at 19:32 | Source: PTI
In their second attempt at recovering a part of the dues of over Rs 9,000 crore from now defunct Kingfisher Airlines, lenders will re-auction the airlines' trademarks, including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' tomorrow, but at a lower reserve price of Rs 330.03 crore.
Jul 25, 2016 at 20:58 | Source: PTI
The Kingfisher Airlines Limited, a holding company of Vijay Mallya, today said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.
Jul 15, 2016 at 19:00 | Source: PTI
The submission was made before a bench of Justice P S Teji where Mallya's counsel sought setting aside of trial court orders summoning him as an accused in the cheque bounce cases by citing that there was a full-time CEO.
May 15, 2016 at 13:16 | Source: PTI
Expanding its money laundering probe into L'affaire Mallya, the Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-grounded air carrier and its top executives.
Apr 22, 2016 at 16:57 | Source: CNBC-TV18
SFIO is believed to have doubts that the lease amount was inflated on the books of KFA and has asked the Directorate General of Civil Aviation (DGCA) to submit related lease rental documents, sources say.
Apr 18, 2016 at 13:18 | Source: PTI
"This fact may have a bearing in the mind of the court so we wanted to correct it and place it before the court. ED's charges are false and incorrect," said advocate Pranav Badeka of the now defunct Kingfisher Airlines (KFA).
Apr 12, 2016 at 20:32 | Source: PTI
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
Apr 07, 2016 at 11:00 | Source: CNBC-TV18
Lenders of bankrupt Kingfisher Airlines (KFA) have rejected the Rs 4,000 crore repayment offer that its chief Vijay Mallya had made in a Supreme Court hearing last week.
Apr 06, 2016 at 16:48 | Source: CNBC-TV18
Out of the total money Vijay Mallya had offered to pay back lenders, the Rs 2,000 crore commitment seems unclear as the funds are based on the outcome of a case with General Electric, reports CNBC-TV18's Kritika Saxena, quoting sources.
Mar 17, 2016 at 18:05 | Source: CNBC-TV18
Some of the reasons for the KFA House auction failure cited by experts are valuation, its proximity to airport, low FSI, litigations etc.