VERUS-advised UBI closes in on defaulting Kingfisher Airlines; Calcutta HC directs KFA to appear before UBI committee on wilful defaulters

VERUS-advised UBI closes in on defaulting Kingfisher Airlines; Calcutta HC directs KFA to appear before UBI committee on wilful defaulters

In a decision that could help banks resolve the problem of non-performing assets, the Calcutta High Court has dismissed an appeal filed by Kingfisher Airlines against the United Bank of India.

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