Vijay Mallya Convicted in Cheque Bouncing Case 2016

Liquor King Vijay Mallya was convicted in case bouncing case by Hyderabad court on 20th April 2016, Wednesday. The check bouncing case was filed against Billionaire industrialist Vijay Mallya by GMR Hyderabad International Airport Ltd.

However, the local court of Hyderabad has not pronounce the quantum of punishment as the Rajya Sabha MP, who left the country last month, was not present in the court, Mallya’s lawyer H Sudhakar Rao said.

Vijay Mallya Controversy All News

But the GMR lawyer Ashok Reddy said that quantum of the punishment is expected to be pronounced on 5th May 2016 by court.

Mr Sudhakar Rao told Press that, “Two cases pertaining to cheque-bouncing were going on against Kingfisher Airlines in the court and the matter was posted for arguments. After the arguments today, the court convicted Mallaya, Kingfisher and a senior official of the airline under section 138 of Negotiable Instruments Act.”

Vijay Mallya
Vijay Mallya

“Because Vijay Mallya was not here, the sentence has not been pronounced…only conviction has been recorded. Since no accused have appeared before the court, only conviction has been recorded.” Sudhakar Rao added.

Earlier the court issued a “non-bailable” warrant against the Kingfisher Airlines, Kingfisher Airlines chairman Vijay Mallya and another senior official of the Kingfisher Airlines for allegedly dishonour of a cheque of Rs 50 lakh given to GMR Hyderabad International Airport Ltd (GHIAL) which operates the Rajiv Gandhi International Airport in Hyderabad.

However the GHIAL had withdrawn a case over ‘bounced’ cheques against Liquor King Vijay Mallya in October 2012. The GHIAL had withdrawn a case after the airline agreed to pay the outstanding amount due to the airport operator.

This post has been seen 299 times.

Team Maffat

News Maffat Com is a Free Guest Blogging Website. Must Try once.