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Mallya To Be Arrested?


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Posted

A Hyderabad court on Friday issued a non bailable warrant against Kingfisher Airlines (KFA) Chairman Vijay Mallya and five other executives.

The warrant was issued after a cheque bounce complaint was filed by infrastructure company GMR.

Kingfisher, which owes 10 crore rupees to GMR, gave a cheque to the latter that has bounced.

Kingfisher, which was till last year the No 2 airline, is down to the last slot in market share and has not posted profits since its launch in May 2005.

Posted

aadu two times court attend kakunda eto poindu anta... eeroju hearing ki kuda raledu... vaadi lawyer vayda petition vesthe court hurt ai non bailable warrant issue chesindi

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