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.
Aug 26, 2016 at 07:48 | Source: PTI
Banks also had put on the block some of the moveable assets of the company worth Rs 13.70 lakh lying at the Kingfisher House, for which, too, no bidders came forward.
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.
Aug 14, 2016 at 11:24 | Source: PTI
United Breweries Ltd has withheldRs 1.64 crore payment to its Chairman Vijay Mallya after taxauthorities barred any payments made to him in view of ongoingtax case against his defunct Kingfisher Airlines.
Aug 04, 2016 at 19:18 | Source: PTI
The 17-bank consortium, led by State Bank of India, have been trying to sell this property as part of their efforts to recover dues totalling over Rs 9,000 crore from Kingfisher Airlines and had reduced the the reserve price by 10 per cent for today's auction.