Wed, Mar 29, 2017 | updated 01:17 AM IST

Hyderabad Court sends Kingfisher Airlines former CFO to 18 months imprisonment

Updated: Sep 22, 2016 18:18 IST

Hyderabad [India], Sept. 22 (ANI): A Hyderabad court on Thursday sentenced . A Raghunathan, former CFO of Kingfisher Airlines Ltd to 18 months imprisonment in connection with two cheque bounce cases filed against him and businessman Vijay Mallya by GMR Hyderabad International Airport Ltd.(GHIAL)

Third special court Magistrate M. Krishna Rao also imposed Rs. 20,000 as fine in each case on Raghunathan after the latter appeared before the court.

The court had on April 20 convicted Kingfisher Airlines, Vijay Mallya and Raghunathan, in connection with two cheque bounce cases involving Rs. 50 lakh each, under relevant sections of the Negotiable Instruments Act.

During arguments today, GHIAL counsel G. Ashok Reddy submitted that it was after five months Raghunathan had finally appeared before this court.

During arguments today, GHIAL counsel Reddy submitted that it was after five months Raghunathan had finally appeared before this court.

He further informed that Mallya is absconding and is out of the country and sought the court to proceed with sentence order against Raghunathan.

The matter relates to cheques issued by Kingfisher Airlines Ltd to GHIAL, which operates Rajiv Gandhi International Airport, towards charges for using the facilities at the airport for Kingfisher Airlines flights.

The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Mallya and Raghunathan on the ground of dishonouring the two cheques.

It had earlier said that before imposing the quantum of punishment, it would hear the plea of the convicts (Mallya and others, who have so far not appeared/attended the court), and then pass its order with) regard to sentencing them or imposing fine or both.

As per the GMR counsel, a total of 17 cases have been filed against Kingfisher Airlines in different courts over outstanding amount of Rs. 22.5 crore, which it owes to GMR.

The magistrate told Raghunathan that he has been found guilty under relevant sections of Negotiable Instruments Act.

Reddy, citing certain court rulings, submitted that this court can pass sentence against the company and also against Mallya

"One of the accused is present in the court and the court is requested to also sentence Kingfisher Airlines and Vijay Mallya, to avoid delay. Notwithstanding absence of Vijay Mallya, the court can sentence and impose fine against Vijay Mallya," Reddy submitted. (ANI)

New Delhi [India], Mar. 28 (ANI): The government has listed the Goods and Services Tax Bill (GST) Bills in its agenda in the Lok Sabha for discussion and passage on Wednesday.

Full Story >>

Moradabad (Uttar Pradesh) [India], Mar. 28 (ANI): While Moradabad's non-vegetarian biryani is making itself famous abroad, its taste seems to be deteriorating in Uttar Pradesh.

Full Story >>

New Delhi [India], Mar. 28 (ANI): A 21-year-old-woman and her friend were harassed by two police personnel today near Surajkund at Faridabad.

Full Story >>

Srinagar [India], Mar. 28 (ANI): In view of the volatile law and order situation in the Valley post the Budgam encounter, where stone pelting was also witnessed resulting in the death of three locals, Railway services will remain suspended throughout Kashmir tomorrow.

Full Story >>

Leh (Jammu and Kashmir) [India], Mar. 28 (ANI): The Leh Forest department on Tuesday carried out a mass plantation drive at Council Secretariat Leh, celebrating Forest Day to spread awareness among public for safeguarding the environment.

Full Story >>

Dantewada (Chhattisgarh) [India] Mar. 28 (ANI): The Central Bureau of Investigation (CBI) has arrested an Office Superintendent working in the office of AEN, East Coast Railways in Chhattisgarh's Dantewada for demanding and accepting a bribe of Rs. 20,000 from the complainant.

Full Story >>

Kolkata (West Bengal) [India], Mar.28 (ANI): The Enforcement Directorate (ED) has secured its highest conviction order under Prevention of Money Laundering Act (PMLA) in a drug case from a special CBI court, which convicted Allauddin Sk. for the offence of money laundering under Section 4 of PMLA.

Full Story >>

Tripura: 17-year-old girl raped, murdered

Updated: Mar 28, 2017 22:22 IST

Dharmanagar (Tripura) [India], Mar. 28 (ANI): In yet another incident of crime against women in the country, a 17-year-old girl was allegedly raped and murdered at Madhubari in Dharmanagar town of North Tripura district.

Full Story >>

Vishakapatnam (Andhra Pradesh) [India], Mar. 28 (ANI): An eight-member gang was arrested on Tuesday in Vishakapatnam in connection with smuggling marijuana.

Full Story >>

Shimla (Himachal Pradesh) [India] Mar. 28 (ANI): A delegation of Islamic Republic of Afghanistan Embassy in Delhi visited Shimla on Tuesday after the students from Afghanistan were attacked in the city by local tourist guides.

Full Story >>

Surat (Gujarat) [India], Mar. 28 (ANI): Two people were arrested in Surat in connection with the seizure of Rs 42 lakhs in demonetized notes of Rs. 500 and Rs. 1000.

Full Story >>

New Delhi [India], Mar. 28 (ANI): In the wake of the civilian casualties and injuries during the stone pelting that occurred on the sidelines of the Budgam encounter in Jammu and Kashmir today, the Central Reserve Police Force (CRPF) has made a fervent appeal to the locals of the Valley to not pose as an obstruction in the path of security forces while they are combating terrorists.

Full Story >>

Lucknow (Uttar Pradesh) [India] Mar. 28 (ANI): Following the strike called by the meat sellers in Uttar Pradesh, the slaughter house association on Tuesday said that they do not want to make it difficult for the people and called on the state government to think about the livelihood of the shop owners.

Full Story >>

Ahmedabad (Gujarat)[India], Mar. 28 (ANI): The Meteorology Department of Gujarat on Tuesday issued a yellow warning due to rise in temperature in the state for the next 48 hours.

Full Story >>

Srinagar (Jammu and Kashmir.) [India], Mar. 28 (ANI): Pakistan was responsible for the violence in Budgam today, which witnessed an encounter as well as a major incident of stone-pelting in which three civilians were killed and 60 security personnel sustained injuries.

Full Story >>

Srinagar [India], Mar. 28 (ANI): The Central Reserve Police Force (CRPF) has stated that today's encounter with militants in Budgam was a particularly different one, as they had to fight it on two different levels- against militants and the stone pelting locals as well- informing that 40 CRPF and 20 Police personnel suffered injuries in the stone pelting.

Full Story >>

New Delhi [India], Mar. 28 (ANI) A Delhi court on Tuesday reserved its order for April 12th in a fake passport case, allegedly involving noted gangster Chhota Rajan and three others.

Full Story >>

New Delhi [India], Mar. 28 (ANI): The Congress on Tuesday termed party leader M.M. Hassan's remark on women as a personal view, making it clear that the party believes in equality.

Full Story >>

New Delhi [India], Mar. 28 (ANI): The Central Bureau of Investigation (CBI) has filed a petition asking the CBI court to cancel YSR Congress Chief Jagan Mohan Reddy's bail in a Disproportionate Assets (DA) case, claiming that Jagan has violated the bail clause.

Full Story >>

New Delhi [India], Mar. 28 (ANI): Slamming the Opposition over the delaying in filling up vacancies in the statutory commissions for minorities, Union Minister Venkaiah Naidu asserted that the Congress still cannot accept their defeat in the recent Assembly Elections and was coming up with 'lame reasons' to create an uproar in the House and delay the proceedings.

Full Story >>