Bangalore: The Karnataka high court on Monday directed UB group chairman Vijay Mallya to appear before it on Tuesday in connection with a bunch of winding up petitions filed by creditors who are trying to get back close to Rs 600 crore from his company.
Justice Ram Mohan Reddy asked Mallya to appear in court and bring along his passport.
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited had filed company petitions in the high court seeking winding up of UBHL as the holding company was unable to pay its debts.
UBHL, holding company of the UB group, is contesting in the court the admission of six winding up petitions filed by aircraft lessors and financiers of crisis-hit Kingfisher Airlines last year.
16/09/13 PTI/Times of India
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Justice Ram Mohan Reddy asked Mallya to appear in court and bring along his passport.
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited had filed company petitions in the high court seeking winding up of UBHL as the holding company was unable to pay its debts.
UBHL, holding company of the UB group, is contesting in the court the admission of six winding up petitions filed by aircraft lessors and financiers of crisis-hit Kingfisher Airlines last year.
16/09/13 PTI/Times of India
