Mallya cheque bouncing case adjourned

Fri 05 Aug 2016, 11:21:00
A court here Thursday posted to September 2 the two cheque bounce cases filed against beleaguered businessman Vijay Mallya by GMR Hyderabad International Airport Ltd.
Third Special Court Magistrate M Krishna Rao had on April 20 convicted Mallya and others in connection with two cheque bounce cases involving Rs 50 lakhs each under relevant sections of the Negotiable Instruments Act.
The order on the quantum of punishment was adjourned for the sixth time on Thursday as reports on warrants issued against A Raghunathan, a senior official of the company (Kingfisher), was still

The matter relates to cheques issued by Kingfisher Airlines Ltd to GMR Hyderabad International Airport Ltd (GHIAL), which operates Rajiv Gandhi International Airport here, towards charges for using the facilities at the airport for Kingfisher Airlines flights.
The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Mallya and A Raghunathan, on the ground of dishonouring the two cheques. Police in its report filed earlier before the court had said that the warrants were not executed against the company and Vijay Mallya.

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