Kingfisher secures a High Court stay

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP September 29, 2014 13:09

Kingfisher secures a High Court stay

Kingfisher Airlines has secured a stay from the Calcutta High Court on United Bank of India declaring the airline and its directors, including promoter Vijay Mallya, as willful defaulters.

The bank has been directed to file its affidavit-in-opposition by November 3, 2014 and the petitioners have been directed to file their reply one week thereafter.
The next hearing is set for November 10, 2014.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP September 29, 2014 13:09