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Monday, 30 June 2014

United Bank of India asks Mallya, Kingfisher directors to appear on July 9

Kolkata: City-based lender United Bank of India has asked Vijay Mallya and three other directors of grounded Kingfisher Airlines to appear before a panel of the bank at the head office here on July 9.

"The recovery department of the bank has sent a letter to them asking chairman Vijay Mallya and three other directors of Kingfisher Airlines to appear on July 9 before the grievance redressal committee of UBI here," bank's Executive Director Sanjay Arya told PTI here.
Arya said that they had been asked to appear so that they could get a chance to defend themselves before the bank declares them as wilful defaulter.
Read news in full 29/06/14 Economic Times

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