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Vijay Mallya's sentence order postponed to May 25

Mon, May 09, 2016, 12:48 PM
Hyderabad, May 9: A city court on Monday postponed till May 25 its order on the quantum of sentence for industrialist Vijay Mallya in two cheque bounce cases filed against him by the GMR Hyderabad International Airport Ltd.

The Third Special Magistrate Court, which was to pronounce its orders on Monday, again put it off as Mallya did not appear before it, said GMR counsel Ashok Reddy.

The court, which had convicted Mallya and an official of the now defunct Kingfisher Airlines on April 20, had earlier adjourned the orders on May 5 on the same grounds.

The liquor baron was convicted under the Negotiable Instruments Act in two cases relating of bouncing of two cheques of Rs.A50 lakh each.

The cheques were issued by Kingfisher Airlines to GMR Hyderabad International Airport Ltd, which operates the Rajiv Gandhi International Airport here towards charges for using the facilities at the airport for its flights.

Mallya, who has defaulted on payment of loans to the tune of Rs.9,000 crore to various banks, is currently in Britain.
Agency: IANS

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