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Saturday, 13 October 2012


NBW AGAINST VIJAY MALLYA, 4 KINGFISHER DIRECTORS


Image : DNA Research & Archives

Hyderabad,India  :  A Hyderabad court on Friday issued a non-bailable warrant against crippled Kingfisher Airlines, its chairman Vijay Mallya and four of its directors after the GMR-run Hyderabad airport dragged them to court when a payment of Rs10.5 crore could not be honoured.

"We had filed four cheque bouncing cases, totalling Rs10.5 crore against KFA, Mallya and four directors of the carrier a couple of months back. As they failed to appear for hearing today, the magistrate issued an NBW against them," an airport official told PTI over phone from Hyderabad.

The spokesperson also said that the money was to be paid towards airport charges and the airline had not been paying it for months.The airline could not be reached immediatley.

Earlier in the day, Kingfisher, which is battling for survival due to fund-crunch and employee strike, extended its partial lockout till October 20 even as it got a reprieve from the regulator DGCA as it has decided against revoking its licence.

13/10/2012  :  DNA.



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