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Friday, 5 September 2014

United Bank of India files caveat in Supreme Court against Kingfisher Airlines

Kolkata: State-owned United Bank of India (UBI) has filed a caveat in the Supreme Court against Kingfisher Airlines (KFA) shortly after Calcutta High Court division bench's judgement was delivered yesterday.

"We filed the caveat against KFA in SC shortly after Calcutta HC delivered the judgement yesterday", executive director of UBI D Narang told PTI today.
The division bench of the High Court dismissed a KFA appeal against UBI and upheld decision of single judge of not allowing the company to be represented by a lawyer.


The order said that either KFA chairman Vijay Mallya could appear or send a company representative for the hearing in front of the bank's grievance redressal panel.
Read news in full 29/08/14 PTI/Economic Times

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