Vijay Mallya to be arrested? Non-bailable warrant issued

, Oct 12: A non-bailable warrant has been issued against

(KFA) chairman

. A Hyderabad court on Friday, Oct 12 issued the warrant fuelling speculations on Mallya's imminent arrest.

The court issued the warrant while hearing a case in which GMR Hyderabad International Airport Ltd (GHIAL) had filed a petition against Kingfisher Airlines for dishonouring cheques worth Rs 10.3 crore. GHIAL manages Rajiv Gandhi International Airport in Hyderabad.

Earlier, sources were quoted as saying, "Four cheques for Rs 10.3 crore which were issued towards airport charges (parking, landing and navigation) bounced. As the mandatory time for filing is getting closer, a case has been filed."

Earlier in Jun 2012, Mumbai International Airport, run by GVK Group, had filed a cheque bounce case against Kingfisher in a Mumbai criminal court.

Delhi International Airport Ltd (DIAL) run by GMR group had filed a similar case dishonoured cheque of Rs 3 crore.

Kingfisher Airlines' loss widened to Rs 651 crore for the quarter ended Jun 30, 2012 from Rs 264 crore a year ago. The non-bailable warrant would definitely rub salt on Mallya's wounds as he has been suffering over the airlines.

OneIndia News
(With PTI inputs)