New Delhi: The Supreme Court on Monday dismissed a plea filed by United Breweries Holdings Limited of liquor baron Vijay Mallya against an order of the Karnataka High Court upholding the winding up of the firm for recovery of dues payable by Kingfisher Airlines Ltd. A bench comprising justices U U Lalit, Vineet Saran and S Ravindra Bhat refused to …
The Supreme Court on Monday dismissed a plea filed by United Breweries Holdings Limited of liquor baron Vijay Mallya against an order of the Karnataka High Court upholding the winding up of the firm for recovery of dues payable by Kingfisher Airlines Ltd. A bench comprising justices UU Lalit, Vineet Saran and S Ravindra Bhat refused to entertain the plea …
The Supreme Court on Monday dismissed United Breweries Holdings Ltd.'s appeal against the Karnataka High Court's decision as regards its winding up for recovery of dues payable to Kingfisher airlines. "900 crores, which is the amount of the loan disbursed by the IDBI", said Mr. Desai. "SBI has a decree worth 15000 crores", replied Mr. Rohatgi. "But the winding up …
An interesting exchange took place in the Supreme Court between the bench and Solicitor General Tushar Mehta during the proceedings on winding-up of liquor baron Vijay Mallya-held United Breweries Ltd. As Mehta repeatedly called Mallya a fugitive who does not deserve any indulgence by the Court, the bench of Justices Uday U Lalit and Vineet Sharan reminded the law officer …