Published On: Sun, Mar 13th, 2016

Non-bailable warrant issued against Vijay Mallya

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More troubled times are here for the once ‘King of Good Times’ Vijay Mallya after a Hyderabad court on Sunday issued a non-bailable warrant against Vijay Mallya and Chief Financial Officer of Kingfisher Airlines A Raghunath.

The court has ordered police to produce them before it on 13 April while issuing the warrants. The warrants were issued after GMR Hyderabad International Airport filed a petition seeking Mallya’s prosecution for defaulting on payments and cheating the company by issuing cheques that bounced, reports India Today.

Mallya, who is facing legal proceedings for allegedly defaulting on loans of over Rs 9,000 crore from various banks, is currently under scanner by multiple agencies, including CBI.

Kingfisher Airlines employees write to PM, seeking help in recovering their dues

Hundreds of unpaid employees of the defunct Kingfisher AirlinesBSE 3.03 % have written to Prime Minister Narendra Modi, seeking his intervention in the recovery of their dues which was estimated to be around Rs 300 crore.

“On behalf of all the employees of erstwhile Kingfisher Airlines, we request you for your immediate intervention in helping us recover our hard earned dues,” the employees said in the letter sent to Prime Minister today.

Meanwhile, Labour Ministry is set to launch an investigation to check whether there were any anomalies in the provident fund contributions made by Kingfisher Airlines for its employees when the carrier was functioning, Union Minister Bandaru Dattatreya has said.

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