Kingfisher moves HC against UBI default notice

The grounded Kingfisher Airlines (KFA) on Wednesday moved the Calcutta High Court challenging a communication by the United Bank of India (UBI) that asked its chairman Vijay Mallya and other board members to meet the bank officials for alleged wilful default on payment of dues to the tune of Rs 400 crore. The counsels for KFA asked judge Dipankar Dutta for withdrawal of the notice for wilful default by UBI.

Also, they sought a personal hearing along with a legal representative on the issue. They claimed the bank authorities have refused to allow any legal representative to accompany Mallya or his board members for the meeting, scheduled to be held at the UBI headquarters on Wednesday.