New Delhi: The Delhi High Court today reserved its judgement on a plea that Kingfisher Airlines lawyers cannot appear before lending bank PNB in the process to declare the ailing carrier and its guarantors, Vijay Mallya and UBHL, as wilful defaulters.
A bench of Chief Justice G Rohini and Justice R S Endlaw reserved the verdict after both sides completed their arguments.
"Arguments heard. Judgement reserved," the bench said. Punjab National Bank (PNB), in its plea, had challenged an order of a single-judge bench of the high court which had allowed lawyers to represent the airline in the proceedings to decide whether the carrier and its guarantors, Mallya and United Breweries (Holdings) Ltd (UBHL) are to be held wilful defaulters for non-payment of dues of over Rs 770 crore.
10/12/14 PTI/Economic Times
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A bench of Chief Justice G Rohini and Justice R S Endlaw reserved the verdict after both sides completed their arguments.
"Arguments heard. Judgement reserved," the bench said. Punjab National Bank (PNB), in its plea, had challenged an order of a single-judge bench of the high court which had allowed lawyers to represent the airline in the proceedings to decide whether the carrier and its guarantors, Mallya and United Breweries (Holdings) Ltd (UBHL) are to be held wilful defaulters for non-payment of dues of over Rs 770 crore.
10/12/14 PTI/Economic Times
