Mallya's sentence order Postponed

Published by Metro India News Online on May 09, 2016 15:42:30 PM

 City court on Monday postponed its order till 25th May, on the quantum of sentence for industrialist Vijay Mallya in two cheque bounce cases filed against him by the GMR Hyderabad International Airport Ltd.

On Monday the Third Special Magistrate Court, was to pronounce its orders but put 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.