Vijay Mallya guilty of cheque bounce, Hyderabad court issues warrant

Hyderabad: The Third Special Magistrate’s Court of Hyderabad City on Wednesday found Vijay Mallya, former chairman of United Spirits, guilty in a cheque bounce case and issued a warrant to produce him before the court on May 5 to hear his version before pronouncing sentence.

Special Magistrate M. Krishna Rao found Mallya guilty in the case moved by the GMR group which accused the businessman of issuing two cheques worth Rs 50 lakh to pay dues for using its services at the Rajiv Gandhi International Airport for his Kingfisher Airlines.

Ashok Reddy, counsel for GMR, said that Mallya owed Rs 25 crore for using the international airport for his Kingfisher Airlines. After an agreement that he would pay Rs 22 crore, the GMR group withdrew the cases lodged against the accused.

Mallya had then given the GMR group 45 cheques. Some of these cheques had bounced, forcing the company to seek solace under the Negotiable Instruments Act.

Will appoint JNAFAU V-C by June end: Telangana govt
Making it clear that it will not allow administration of Jawaharlal Nehru Architecture and Fine Arts University to continue with an in-charge Vice-Chancellor for much longer, the Hyderabad High Court on Wednesday closed a PIL after recording the statement of the TS government that it would appoint a regular V-C by the end of June.

A division bench comprising Acting Chief Justice Dilip B. Bhosale and Justice P. Naveen Rao was dealing with a PIL by TS Federation of University Teachers seeking a direction to the state government to appoint the V-C, constitute the executive council and other statutory bodies while framing regulations.