Comments
The UB Group has sought damages worth about Rs 3,200 crore from various lenders of Kingfisher Airlines.
In a note to the annual results of the carrier, the group said it is seeking damages worth Rs 3,199.68 crore from the consortium of bankers. A case has been filed in this regard with the Bombay High Court by UB Holdings, Vijay Mallya as well as Kingfisher Finvest.
The group has also sought a permanent order and injunction restraining the consortium of bankers from taking any steps to reclaim the loan given to the airline.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.