SC Refuses To Entertain Kingfisher’s Plea

Beleaguered carrier Kingfisher Airlines did not get any relief from the Supreme Court as it refused to intervene in the United Bank of India (UBI) decision to declare the airline and its promoter Vijay Mallya as ‘wilful defaulter.’

"Your grievance has been, that Grievance Redressal Committee (GRC) should not decide the matter but they have already decided it, therefore your plea is infructuous" a bench comprising justices AR Dave and UU Lalit said.

Kingfisher said that the GRC took the decision despite being informed that it had filed an appeal in the Supreme Court against the Calcutta High Court order, which had rejected its petition that Mallya and the board of directors may be represented by its law officers or company secretary on a showcause notice by UBI. The case relates to payment of dues of Rs 400 crore.

The Supreme Court said that Kingfisher can approach the Calcutta High Court in the matter.