Mumbai International Airport Limited or MIAL, a joint venture between a GVK led consortium ( 74%) and Airports Authority of India has dragged Vijay Mallya led Kingfisher Airlines to the Bombay High Court seeking declaration of all the assets of the debt-ridden airline, two sources familiar with the development told ET NOW. "
A summary suit has been filed against Kingfisher Airlines seeking declaration of assets, attachment of properties and recovery of Rs 35 crores in outstanding dues, " said one of the two individuals cited above. The Bombay High Court has granted two weeks time to Kingfisher to respond to the MIAL suit. MIAL was represented by senior counsel Venkatesh Dhond and law firm Naik Naik & company.
28/01/13 Ashwin Mohan/Economic Times
