Saturday, July 28, 2012

Kingfisher Airlines rebuked by court in cheque bouncing case

Mumbai: Kingfisher Airlines was severely rebuked by a metropolitan magistrate in a case of cheque bounce in Mumbai on Friday. The top management of Kingfisher has been asked to be present in the court for the next hearing on August 9.
Already reeling under financial crunch, the Vijay Mallyaowned airline's postdated cheque, of Rs 30 crore, paid to the Mumbai International Airport Limited, had bounced.
The Andheri metropolitan magistrate's court issued summons to the carrier's chief finance officer and the chief executive officer o be present in the next hearing.
28/07/2012 Business Today
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