A Hyderabad Court on Thursday accused Kingfisher Airlines chairman Vijay Mallya in the case but his sentence was deferred due to his absence in the court. The court sentenced A Raghunathan, a Kingfisher official to an imprisonment of 18 months in the cheque bounce case. The cheques (50 Lakh each) were issued to the GMR Hyderabad International Airport Ltd (GHIAL) by Kingfisher Airlines, The GHIAL operates the Rajiv Gandhi International Airport, and was being paid for the usage of facilities by the Kingfisher Airlines flights. The team of lawyers representing GHIAL submitted the fresh addresses of Kingfisher Airlines and Vijay Mallya which have to be secured.
Earlier on April 20, Special Court Magistrate M Krishna Rao had convicted Mallya, A Raghunathan in connection to the cheque bounces under the Negotiable Instruments Act. The court had also informed that Raghunathan had appeared at various courts in the matters of the NBWs filed against him after he had moved to the High Court and had recalled the warrants.
The court, though, had said that Raghunathan had not appeared before it. The court had issued non-bailable warrants against Vijay Mallya, Kingfisher Airlines Chairman on the case of bouncing off both the cheques. According to the GMR counsel, a sum total of 17 cases have already been filed against the Vijay Mallya-owned Airlines, over an amount of Rs.22.5 crores that remained outstanding.