Karnataka HC orders winding up of Kingfisher Airlines
The Karnataka high court on Friday ordered the winding up of Vijay Mallya’s Kingfisher Airlines (KFA), in a case filed by European aviation firm Aerotron. It was a supplier of aircraft components to KFA and had moved the court to recover $6.23 million (around ₹42 crore). Notably, 46 other firms have moved the high court seeking winding up of Kingfisher.