Discord Continues As Kingfisher's Future Hangs In Balance

By Jay Menon jaymenon68@gmail.com
Source: AWIN First

Meanwhile, a city court in Hyderabad on Oct. 12 issued a non-bailable warrant against owner Mallya and five others for bounced checks.

The warrant was issued after a charge was filed in August by GMR Hyderabad International Airport Ltd. (GHIAL), which manages Rajiv Gandhi International Airport in the city. GHIAL claims four checks totaling 103 million rupees ($1.8 million) issued by Kingfisher toward airport user charges, including parking, landing and navigation fees, were rejected by the bank for lack of funds.

A320 photo: Kingfisher

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