Oct 24, 2019-Thursday

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Thursday, Oct 24, 2019
news about Kingfisher airlines
Apr 28, 2019 09:21
In a late evening e-mail to the prime minister, the guild also sought government’s directive to “stop de-registration” of the airline’s aircraft, which are now being leased by other domestic carriers. read more
Apr 24, 2019 23:53
The judges asked as to how Mallya was aggrieved by the confiscation when his creditors and banks should have been more concerned with the attached assets in order to secure their dues. read more
Apr 18, 2019 11:03
Vijay Mallya, who is wanted in India for defaulting on crores of rupees in loans, cited a statement by the Prime Minister as he also took a dig at banks over contradictory statements made in British courts regarding the recovery of money he owes the... read more
Apr 10, 2019 23:17
Mallya has until Friday to apply for a hearing in an open court. If applied, it will be heard by a high court judge on a date to be decided based on the court’s schedule. read more
Apr 04, 2019 08:37
The banks are seeking to seize about 258,000 pounds held in Mallya’s ICICI Bank UK Plc account. They have accused Mallya of willfully defaulting on debts of Kingfisher Airlines, which was founded in 2005 and folded in 2012. The UK resident is fighting... read more
Mar 29, 2019 18:36
Arbuthnot is the same judge who had ordered the extradition of former Kingfisher Airlines boss Vijay Mallya last December. read more
Mar 28, 2019 08:24
The Central Bureau of Investigation (CBI) and ED have launched probes against Vijay Mallya over allegations levelled by a consortium of 17 banks that provided loans to the now-defunct airline. read more
Mar 27, 2019 00:58
Vijay Mallya’s extradition case has progressed through the Westminster Magistrates Court, which ordered his extradition in December 2018. An appeals court judge will now decide whether grounds cited in his application merit progressing the case to a... read more
Mar 26, 2019 09:42
Vijay Mallya pointed out in a series of tweets that the Bharatiya Janata Party-led National Democratic Alliance government did nothing for him even though he invested crores of rupees into his now defunct Kingfisher Airlines. read more
Feb 21, 2019 18:16
Nine of Jet’s planes have been grounded by lessors, versus the four it reported last month, with AerCap Holdings NV and BOC Aviation Ltd among those who have pulled out planes, sources told Reuters. read more
Feb 15, 2019 17:47
The primary concern of the banks should be the bad loans on their books read more
Jan 19, 2019 22:47
Mallya was declared as Fugitive Economic Offender under the FEO Act by special judge, Prevention of Money Laundering Act (PMLA) cases, M S Azmi on January 5. The order running into 55 pages was signed on Saturday where the court rejected Mallya’s defence... read more
Dec 16, 2018 23:36
The latest legal action by SBI and other lenders relates to declaring Mallya bankrupt as part of their efforts to seize his assets in the UK to recover the loans. He is planning to contest the fresh petition which, according him, is “not sustainable... read more
Dec 11, 2018 10:05
External Affairs Ministry Spokesperson Raveesh Kumar said India will continue to work with the British government for “expeditious” implementation of the court order. read more
Dec 10, 2018 18:13
A United Kingdom court has ordered the extradition of businessman Vijay Mallya to India to face charges of financial irregularities running into thousands of crores. read more