Oct 21, 2016 at 08:00 | Source: PTI
A division bench comprising justices Jayant Patel and Aravind Kumar gave the direction on petitions by a consortium of banks.
Oct 19, 2016 at 08:56 | Source: PTI
Passing orders on an amended plea filed by the consortium led by the Oriental Bank of Commerce for recovery of the payment, DRT Presiding Officer K Srinivasan directed Airbus to deposit Rs 192.51 crore from any source within eight weeks.
Sep 29, 2016 at 18:54 | Source: PTI
Beleaguered liquor baron Vijay Mallya today said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.
Sep 29, 2016 at 17:22 | Source: PTI
Mallya, who is the Chairman of the company, is wanted in India in connection with loan default of over Rs 9,000 crore from various banks linked to the defunct Kingfisher Airlines, has been based in the UK since March this year.
Sep 24, 2016 at 10:04 | Source: PTI
The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines Limited.
Sep 22, 2016 at 16:00 | Source: PTI
Third Special Court Magistrate M Krishna Rao also imposed Rs 20,000 fine in each case on Raghunathan after the latter appeared before the court.
Sep 20, 2016 at 15:00 | Source: PTI
Third Special Court Magistrate M Krishna Rao had on April 20 convicted Mallya, A Raghunathan, a senior official of Kingfisher Airlines Ltd, in connection with two cheque bounce cases involving Rs 50 lakh each, under relevant sections of the Negotiable Instruments Act.
Sep 14, 2016 at 08:12 | Source: PTI
The lenders, led by State Bank of India, may issue a public notice for the auction of the airline's prime asset, owned by embattled businessman Vijay Mallya, in the next few days, sources said.
Sep 07, 2016 at 15:10 | Source: PTI
UBL has sought legal opinion from a former chief justice of India, Company Director Chug Yogendra Pal, who chaired its AGM here, said while replying to a query. Pal said that as per law, Mallya can continue as the chairman.
Aug 29, 2016 at 08:28 | Source: PTI
Sources said SFIO has widened investigations into the affairs of Kingfisher Airlines and is now focussing on the lenders as well as their top management personnel for the suspected lapses in the due diligence process before extending loans to the carrier.