The attempt of SBI led consortium to e-auction Kingfisher Airlines headquarter, Kingfisher House in Mumbai has failed to evoke bidders. The online auction started and closed on Thursday today without bidding taking place..
The attempt of SBI led consortium to e-auction Kingfisher Airlines headquarter, Kingfisher House in Mumbai has failed to evoke bidders. The online auction started and closed on Thursday today without bidding taking place.
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With smoldering eyes and a great body, Nibedita feels that she is on her way to become the new face of the Kingfisher calendar.
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Mumbai-based Kingfisher House, the headquarters of the grounded Vijay Mallya-owned Kingfisher Airlines, will be auctioned by a 17-bank consortium that the former liquor baron owes Rs 6,963 crore to. The State Bank of India-led consortium had taken over Kingfisher House, valued at Rs 150 crore, in February 2015.The consortium also took over Kingfisher Villa in Goa, which is worth around Rs 90 crore.
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Confusion among the bidders whether in reality ownership of these properties will be transferred or not is the predominant question ahead of Dawood Ibrahim's seized properties being auctioned at Hotel Diplomat in South Mumbai. But due to fear of the most wanted terrorist still prevalent, many are asking if the auction is a farce.
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After several failed attempts of trying to cover losses by selling off embattled tycoon Vijay Mallya's belongings, the money lenders had quite a different experience as they auctioned Mallya's vintage cars.
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700 employees and former employees of defunct Kingfisher Airlines are writing to the Prime Minister Narendra Modi and President Pranab Mukherjee requesting his intervention in recovering their dues. Mallya had left the country on March 2, well before banks moved the Supreme Court for seizure of his passport. The loans to companies promoted by Mallya were sanctioned in 2004 to 2007 and those turned into bad loans in 2009.
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SBI Write off 7,016 crore Defaulters Loans including Vijay Mallya's Kingfisher iNews
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