NEWS

Rediff.com » News

Rs 10.5 cr cheques bounce, NBW against Mallya
October 12, 2012

A Hyderabad court today 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 Rs 10.5 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 said 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. 
© 2024 Rediff.com