This Article is From Jul 05, 2016

Vijay Mallya Cheque Bounce Case: Hyderabad Court Adjourns Order Till August 4

Vijay Mallya Cheque Bounce Case: Hyderabad Court Adjourns Order Till August 4

The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Vijay Mallya and senior official A Raghunathan. (File Photo)

Hyderabad: A Hyderabad court today adjourned till August 4 its order on quantum of punishment in 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 Mr Mallya and others in connection with bouncing of two cheques of Rs 50 lakhs each under relevant sections of the Negotiable Instruments Act.

The order on the quantum of punishment was adjourned for the fourth time as Mr Mallya was not present in the court which posted the matter to August 4 as the complainant also did not appear before the magistrate.

The matter relates to cheques issued by Kingfisher Airlines Ltd to GMR Hyderabad International Airport Ltd (GHIAL), which operates the Rajiv Gandhi International Airport in Delhi, 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 Vijay Mallya and A Raghunathan, a senior official of the company on ground of dishonouring the two cheques.

As the NBWs are still pending, the court directed GMR to furnish addresses of the company (Kingfisher) and Vijay Mallya for execution of the warrants.

The court had said on May 5 that before imposing the quantum of punishment, it would hear the plea of the convicts and then pass its order with regard to sentencing them or imposing fine or both.

As per the GMR counsel, a total of 17 cases have been filed against Kingfisher Airlines in different courts over outstanding amount of Rs 22.5 crore, which it owes to GMR. The cases are in different stages of trial.
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