Apex court holds Kingfisher plea infructuous

Sarkaritel
By Sarkaritel September 2, 2014 14:44

Apex court holds Kingfisher plea infructuous


New Delhi, Sep 2  The Supreme Court Tuesday declined to hear Kingfisher Airlines’s plea that the United Bank of India should not have declared it a wilful defaulter without hearing its case.

An apex court bench headed by Justice Anil R. Dave said the petition had become infructuous as the state-run bank had already declared the airline a wilful defaulter.

The order can be challenged before the Calcutta High Court, the Supreme Court said.

Sarkaritel
By Sarkaritel September 2, 2014 14:44