• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 115
    BJP 108
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 68
    BJP 15
    JCC 7
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

Two helicopters of Kingfisher Airlines auctioned for Rs 8.5 crore

By: | Published: September 19, 2018 10:40 PM

Two helicopters of defunct Kingfisher Airlines were auctioned Wednesday for over Rs 8.5 crore, according to an official.

Kingfisher Airlines, Kingfisher Airlines helicopters auctioned, vijay mallya, kingfisher airlines loan default caseMallya is wanted by Indian authorities in the over Rs 9,000-crore Kingfisher Airlines loan default case. (Reuters)

Two helicopters of defunct Kingfisher Airlines were auctioned Wednesday for over Rs 8.5 crore, according to an official. The Airbus helicopters were put on the block by lenders to recover outstanding dues from fugitive liquor baron Vijay Mallya, who owned Kingfisher Airlines. An official in the know of the development told PTI that the two helicopters were auctioned for over Rs 8.5 crore Wednesday. The total reserve price for the two choppers was Rs 3.5 crore, as per the sale proclamation document issued by the Debts Recovery Tribunal.

The e-auction was held in Bengaluru. A representative of New Delhi-based Choudhary Aviation Facilities claimed that it has emerged as the winning bidder in the auction and would pay Rs 8.57 crore for the two helicopters. Debt-laden Kingfisher Airlines went belly up in October 2012. Mallya is wanted by Indian authorities in the over Rs 9,000-crore Kingfisher Airlines loan default case.

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