logo
 
A Hyderabad court on Tuesday adjourned the hearing of the the Kingfisher cheque bounce case till August 4.
The court on June 6 had adjourned the hearing of the case till today but again postponed the matter for a later date. The court was hearing the petition against liquor baron Vijay Mallya, who was convicted in two cheque bounce cases filed against him by the GMR Hyderabad International Airport Ltd. The court asked the GMR to submit fresh address of accused and the company.
On April 20, the Special Magistrate Court in Hyderabad had convicted Mallya and others in connection with bouncing of two cheques of



Rs. 50 lakh each under relevant Sections of Negotiable Instruments Act and adjourned for May 9 the matter to pronounce the quantum of punishment as Mallya, who left the country, was not present in the court.
The matter relates to cheques issued by Kingfisher Airlines Ltd. to GMR Hyderabad International Airport Ltd. (GHIAL), which operates the Rajiv Gandhi International Airport in Hyderabad, towards charges for using the facilities at the airport for its Kingfisher Airlines flights.
Mallya, currently in Britain, is accused of defaulting on payment of bank loans totalling  Rs. 9, 000 crore.

No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh
etemaad live tv watch now

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Which political party will win the Jharkhand Assembly elections 2024?

Congress
Jharkhand Mukti Morcha
BJP