{"id":34342,"date":"2014-07-22T10:55:25","date_gmt":"2014-07-22T05:25:25","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=34342"},"modified":"2014-07-22T10:55:25","modified_gmt":"2014-07-22T05:25:25","slug":"kingfisher-airlines-withdraws-plea-sc","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/kingfisher-airlines-withdraws-plea-sc","title":{"rendered":"Kingfisher Airlines withdraws its plea in SC"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/kingfisher-moves-hc-ubi-default-notice\/kingfisher-2\" rel=\"attachment wp-att-34138\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"34138\" data-permalink=\"https:\/\/www.legalindia.com\/news\/kingfisher-moves-hc-ubi-default-notice\/kingfisher-2\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/07\/Kingfisher.jpg?fit=284%2C160&amp;ssl=1\" data-orig-size=\"284,160\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Kingfisher\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/07\/Kingfisher.jpg?fit=150%2C84&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/07\/Kingfisher.jpg?fit=284%2C160&amp;ssl=1\" class=\"alignright wp-image-34138 size-full\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/07\/Kingfisher.jpg?resize=284%2C160&#038;ssl=1\" alt=\"Kingfisher\" width=\"284\" height=\"160\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/07\/Kingfisher.jpg?w=284&amp;ssl=1 284w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/07\/Kingfisher.jpg?resize=150%2C84&amp;ssl=1 150w\" sizes=\"auto, (max-width: 284px) 100vw, 284px\" \/><\/a>Kingfisher Airlines on Monday withdrew in Supreme Court its appeal against Karnataka High Court\u2019s verdict allowing consortium of banks led by SBI to take possession of its prestigious property Kingfisher House in Mumbai.<\/p>\n<p>As soon as the matter came for hearing before a bench headed by Justice J S Khehar, the company pleaded the court to allow it to withdraw the petition.<\/p>\n<p>The Airlines had moved the Supreme Court challenging the high court\u2019s January 29 verdict that allowed a consortium of banks to take possession of Kingfisher House.<\/p>\n<p>The banks seeking possession and sale of the property are State Bank of India, Axis Bank Ltd, Bank of Baroda, Bank of India, Central Bank of India, Corporation Bank, Federal Bank Ltd, IDBI Bank Ltd, Indian Overseas Bank, Jammu &amp; Kashmir Bank Ltd, Punjab &amp; Sind Bank, Punjab National Bank, State Bank of Mysore, UCO Bank, and United Bank of India.<\/p>\n<p>(Source: PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kingfisher Airlines on Monday withdrew in Supreme Court its appeal against Karnataka High Court\u2019s verdict allowing consortium of banks led by SBI to take possession of its prestigious property Kingfisher House in Mumbai. As soon as the matter came for hearing before a bench headed by Justice J S Khehar, the company pleaded the court [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[5780,3518,3106,5347,29197,47765,47726,47774,47775,23371],"class_list":["post-34342","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-justice-j-s-khehar","tag-karnataka-high-court","tag-kingfisher","tag-kingfisher-airlines","tag-kingfisher-airlines-withdraws-its-plea-in-sc","tag-news","tag-supreme-court","tag-todays-news","tag-todays-top-news","tag-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kingfisher Airlines withdraws its plea in SC<\/title>\n<meta name=\"description\" content=\"Kingfisher Airlines withdraws its plea in SC\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/kingfisher-airlines-withdraws-plea-sc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kingfisher Airlines withdraws its plea in SC\" \/>\n<meta property=\"og:description\" content=\"Kingfisher Airlines withdraws its plea in SC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/kingfisher-airlines-withdraws-plea-sc\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalindiaCom\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-22T05:25:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/07\/Kingfisher.jpg\" \/>\n<meta name=\"author\" content=\"Legal India Admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Legal India Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/kingfisher-airlines-withdraws-plea-sc#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/kingfisher-airlines-withdraws-plea-sc\"},\"author\":{\"name\":\"Legal India Admin\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/5bed6309aad9141bf373167e6730d0fc\"},\"headline\":\"Kingfisher Airlines withdraws its plea in SC\",\"datePublished\":\"2014-07-22T05:25:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/kingfisher-airlines-withdraws-plea-sc\"},\"wordCount\":159,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/kingfisher-airlines-withdraws-plea-sc#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalindia.in\\\/news\\\/wp-content\\\/uploads\\\/2014\\\/07\\\/Kingfisher.jpg\",\"keywords\":[\"Justice J.S. 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Along with Mallya and\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"vijay mallya","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallya_650x400_41458213209.jpg?fit=650%2C400&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallya_650x400_41458213209.jpg?fit=650%2C400&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vijay-mallya_650x400_41458213209.jpg?fit=650%2C400&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":35041,"url":"https:\/\/www.legalindia.com\/news\/supreme-court-refuses-entertain-plea-kingfisher-airlines","url_meta":{"origin":34342,"position":3},"title":"Supreme Court refuses to entertain plea of Kingfisher Airlines","author":"Legal India Admin","date":"September 2, 2014","format":false,"excerpt":"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 Union Bank of India has already passed an order. \"Your grievance has been, that Grievance Redressal Committee (GRC) should not\u2026","rel":"","context":"In &quot;Court, Judiciary &amp; Legal System&quot;","block_context":{"text":"Court, Judiciary &amp; Legal System","link":"https:\/\/www.legalindia.com\/news\/category\/court-judiciary-legal-system"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/vijaymallya.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":46899,"url":"https:\/\/www.legalindia.com\/news\/big-blow-mallya-ktk-hc-orders-ubhls-winding","url_meta":{"origin":34342,"position":4},"title":"Big blow to Mallya, K&#8217;tk HC orders UBHL&#8217;s winding up","author":"Legal India Admin","date":"February 8, 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"Big blow to Mallya, K'tk HC orders UBHL's winding up","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/07\/vijay-malya-300x225.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":48952,"url":"https:\/\/www.legalindia.com\/news\/mallya-fails-appear-sc-contempt-case","url_meta":{"origin":34342,"position":5},"title":"Mallya fails to appear before SC in contempt case","author":"Legal India Admin","date":"July 10, 2017","format":false,"excerpt":"Embattled businessman Vijay Mallya, who was held guilty of contempt, today failed to make a personal appearance before the Supreme Court despite being directed to do so. 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