State Bank of India and Ors. v. Kingfisher Airlines Ltd. and Ors.

(Kurian Joseph and Rohinton Fali Nariman, JJ.)

State Bank of India and Ors. _________________________ Petitioner(s)

v.

Kingfisher Airlines Ltd. and Ors. ___________________ Respondent(s)

Petition(s) for Special Leave to Appeal (C) No(s). 6828-6831/2016, decided on March 30, 2016

The Order of the court was delivered by

Order

1. Mr. C.S. Vaidyanathan, learned senior counsel appearing for respondent Nos. 1-M/s. Kingfisher Airlines Limited and Respondent No. 3- Dr. Vijay Mallya and Mr. Parag P. Tripathi, learned senior counsel appearing for repsondent No. 2- United Breweries (Holdings) Limited and respondent No. 4-M/s. Kingfisher Finvest (India) Ltd. submit that today they have given a proposal to the Chairperson, State Bank of India (Consortium leader of banks) for settlement of dues of the respondent Nos. 1 to 4.

2. Mr. Naganand, learned senior counsel appearing for petitioner No. 1-State Bank of India seeks a week’s time to respond to the above propsal.

3. Post on 7^th April, 2016 as first item.

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