{"id":34948,"date":"2014-08-29T12:53:46","date_gmt":"2014-08-29T07:23:46","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=34948"},"modified":"2014-08-29T12:53:46","modified_gmt":"2014-08-29T07:23:46","slug":"hc-dismisses-kingfisher-airlines-appeal","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/hc-dismisses-kingfisher-airlines-appeal","title":{"rendered":"HC dismisses Kingfisher Airlines appeal"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/hc-dismisses-kingfisher-airlines-appeal\/kingfisher-airlines\" rel=\"attachment wp-att-34949\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"34949\" data-permalink=\"https:\/\/www.legalindia.com\/news\/hc-dismisses-kingfisher-airlines-appeal\/kingfisher-airlines\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?fit=173%2C173&amp;ssl=1\" data-orig-size=\"173,173\" 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 Airlines\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?fit=150%2C150&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?fit=173%2C173&amp;ssl=1\" class=\"alignright  wp-image-34949\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/08\/Kingfisher-Airlines-150x150.jpg?resize=189%2C189&#038;ssl=1\" alt=\"Kingfisher Airlines\" width=\"189\" height=\"189\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?resize=80%2C80&amp;ssl=1 80w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/08\/Kingfisher-Airlines.jpg?w=173&amp;ssl=1 173w\" sizes=\"auto, (max-width: 189px) 100vw, 189px\" \/><\/a>Calcutta High Court on Thursday dismissed an appeal by Kingfisher Airlines against a trial court order that chairman Vijay Mallya and board of directors may be represented by its law officers or company secretary on a showcause notice by United Bank of India (UBI) for alleged wilful default on payment of dues of Rs 400 crore. A Bench of Jayanta Biswas and Iswar Chandra Das upheld an order of judge Dipankar Dutta, who had, on July 10, directed the UBI authorities to give a 72-hour notice to Kingfisher for fixing a date for the meeting.<\/p>\n<p>Justice Dutta directed that the company&#8217;s law officers or the company secretary may appear before the bank authorities on Mallya and other board members&#8217; behalf while dismissed the petition of Kingfisher Airlines challenging a communication by UBI that asked Mallya and other board members to meet the bank officials for alleged wilful default on payment of dues.<\/p>\n<p>The airline authorities had in the petition prayed for withdrawal of the notice of wilful default by UBI and that they be allowed a personal hearing along with legal representative on the issue.<\/p>\n<p>They claimed that the bank authorities have refused to allow any legal representative, which would mean a practising lawyer, to accompany Mallya or his board members for the meeting, which was scheduled to be held at the UBI headquarters here on July nine.<\/p>\n<p>They submitted that the bank cited the Master Circular of Reserve Bank of India (RBI) which has not kept any provision for such representation.<\/p>\n<p>The counsels had claimed that as there was no provision it was the discretion of the bank concerned, but UBI disallowed its contention without citing any reason.<\/p>\n<p>The counsels for UBI had stated that a credit limit of Rs 398.22 crore was sanctioned to Kingfisher Airlines, Bangalore, by the bank.<\/p>\n<p>They alleged that repayment was defaulted and funds were diverted.<\/p>\n<p>It was claimed that a consortium of banks with the lead bank being the State Bank of India had extended loans to Kingfisher. UBI was part of the consortium.<\/p>\n<p>(Source: PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calcutta High Court on Thursday dismissed an appeal by Kingfisher Airlines against a trial court order that chairman Vijay Mallya and board of directors may be represented by its law officers or company secretary on a showcause notice by United Bank of India (UBI) for alleged wilful default on payment of dues of Rs 400 [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":34949,"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":[4064,29571,5347,47765,47774,47775,23371,10449],"class_list":["post-34948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-calcutta-high-court","tag-hc-dismisses-kingfisher-appeal","tag-kingfisher-airlines","tag-news","tag-todays-news","tag-todays-top-news","tag-top-news","tag-vijay-mallya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HC dismisses Kingfisher Airlines appeal<\/title>\n<meta name=\"description\" content=\"HC dismisses Kingfisher Airlines appeal\" \/>\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\/hc-dismisses-kingfisher-airlines-appeal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HC dismisses Kingfisher Airlines appeal\" \/>\n<meta property=\"og:description\" content=\"HC dismisses Kingfisher Airlines appeal\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/hc-dismisses-kingfisher-airlines-appeal\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; 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The remark was made by a division bench of justices S C Dharmadhikari and B P Colabawala while hearing\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":"Mallya flew away just like ''Kingfisher'' bird: Bombay HC","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/07\/Mallya.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":56528,"url":"https:\/\/www.legalindia.com\/news\/karnataka-high-court-dismisses-united-spirits-plea-for-release-of-idbi-held-shares","url_meta":{"origin":34948,"position":2},"title":"Karnataka High Court dismisses United Spirits&#8217; plea for release of IDBI-held shares","author":"Legal India Admin","date":"July 2, 2019","format":false,"excerpt":"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\u2019s exposure to the defunct Kingfisher AirlinesNSE -11.11 % (KFA) Finding \u201cno merit\u201d in USL\u2019s petition,\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/07\/download-16.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":30250,"url":"https:\/\/www.legalindia.com\/news\/court-reprieve-mallya-kingfisher-case","url_meta":{"origin":34948,"position":3},"title":"Court reprieve for Mallya in Kingfisher case","author":"Legal India Admin","date":"September 18, 2013","format":false,"excerpt":"The Karnataka High Court Tuesday deferred, by a week, its Monday summons for appearance of Kingfisher Airlines chairman Vijay Mallya as he is abroad. When Mallya's counsel informed the court that his client was not in Bangalore to appear Tuesday, as he was travelling abroad, Justice Ram Mohan Reddy kept\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":"","src":"","width":0,"height":0},"classes":[]},{"id":46899,"url":"https:\/\/www.legalindia.com\/news\/big-blow-mallya-ktk-hc-orders-ubhls-winding","url_meta":{"origin":34948,"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":43111,"url":"https:\/\/www.legalindia.com\/news\/cheque-bounce-case-vs-mallya-adjourned-june-6","url_meta":{"origin":34948,"position":5},"title":"Cheque bounce case vs Mallya adjourned to June 6","author":"Legal India News","date":"May 25, 2016","format":false,"excerpt":"A local court today adjourned to June 6 its order on the two cheque bounce cases filed against beleaguered industrialist Vijay Mallya by GMR Hyderabad International Airport Ltd. The III Special Magistrate Court here on May 9 had posted for today its order on the quantum of sentence for Mallya,\u2026","rel":"","context":"In &quot;Criminal Law News&quot;","block_context":{"text":"Criminal Law News","link":"https:\/\/www.legalindia.com\/news\/category\/criminal-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":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-95G","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/34948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=34948"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/34948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/34949"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=34948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=34948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=34948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}