Bar, Bench & Firm News Karnataka High Court dismisses United Spirits’ plea for release of IDBI-held shares July 2, 2019 by Legal India Admin | Leave a Comment The Karnataka High Court has dismissed a plea by United SpiritsNSE -0.04 %, seeking release of its securities held by IDBI BankNSE -0.14 % as a pledge from United Breweries Holdings (UBHL) against the bank’s exposure to the defunct Kingfisher AirlinesNSE -11.11 % (KFA) Finding “no merit” in USL’s petition, the High Court has held […] Read more » IDBI Bank Karnatka High Court united spirits plea
High Profile Cases Big blow to Mallya, K’tk HC orders UBHL’s winding up February 8, 2017 by Legal India Admin | Leave a Comment In a major jolt to liquor baron Vijay Mallya, the Karnataka High Court today ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering dues payable by the UBHL-promoted defunct Kingfisher Airlines Limited. “This court has come to a conclusion that the respondent company UBHL deserves to […] Read more » Court featured Karnatka High Court Law Legal News UBHL Vijay Mallya
