Bangalore: The Karnataka high court has granted four weeks time to the defunct Kingfisher Airlines Ltd (KFA) for submitting its plans/proposals for reviving the company.
This was after the counsel for the beleagured company told the court that some proposals have been received and they are working out a scheme for reviving the airliner by having talks with investoors. The company also placed before the court in a sealed cover, some of the documents relating to the revival plan.
At this juncture, the counsels for the eomployees of the company and some of the creditors argued that they have not been paid their dues by the company .
Read News In full 14/09/13 P Vasanth Kumar/Times of India
Sunday, 15 September 2013
Kingfisher Airlines gets four weeks time for submitting revival plan
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