SC refuses to entertain plea of Kingfisher Airlines

Tags: News
The Supreme Court today refused to entertain a petition filed by Kingfisher Airline against being declared as wilful defaulter, saying it has become infructuous as the Grievance Redressal Committee of United Bank of India has already passed an order.

"Your grievance has been, that Grievance Redressal Committee (GRC) should not decide the matter but they had already decided it, therefore your plea is infructuous" a bench comprising justices A R Dave and U U Lalit said.

The Kingfisher Airlines had alleged that the order by GRC was passed yesterday, ignoring the plea that the director should be allowed to be represented through lawyers.

However, after the bench said that the plea has become infructuous, the airline counsel submitted that they would challenge the GRC order before the concerned High Court.

State-run United Bank of India yesterday became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • For those who are left to survive a war-torn world, let there be peace

    The hunger games have begun, and they have started reaping our children. There is no way around it.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture