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