Dues

  • Sebi orders demat, bank account freeze in Mega Corporation case July 15, 2014

    Mumbai: Market watchdog Sebi has ordered attachment of bank and demat accounts of five individuals to recover dues worth over Rs 1.66 crore in Mega Corporation case. The Securities and Exchange Board of India (Sebi) has to recover Rs 40.95 lakh from Vivekanand Patankar, Rs 40.71 lakh from Deepak Narvekar, Rs...
  • SC rejects PIL seeking recovery of Rs 21,000 crore from Vodafone July 1, 2014

    New Delhi: A Public Interest Litigation (PIL) seeking direction to Centre to recover Rs 21,000 crore from UK telecom major Vodafone has been refused by the Supreme Court. While refusing to take up the petition, the apex court allowed the petitioner to file a fresh plea. Former Additional Solicitor General Bishwajit...
  • 'Illiterate' Rakhi Sawant owes IT department Rs 72 lakh dues April 2, 2014

    Mumbai: Actress Rakhi Sawant, who has jumped into poll fray while claiming to be an "illiterate" person with assets of Rs 15 crore, has outstanding loans worth about Rs 2.5 crore and an additional Rs 72.5 lakh tax liability. There is also a pending criminal case of 'breach of trust' and...
  • Binani Cement suspends operations at two plants March 13, 2014

    Demanding relaxation from the Rajasthan government for mode of payment of tax dues to the tune of Rs 154.51 crore, Binani Cement has suspended operations at its two plants in the state in Sirohi and Sikar districts. The state government had last month attached the steel-maker's 26 bank accounts under VAT...
  • Farmers block traffic at Yamuna Expressway to demand sugarcane dues December 5, 2013

    Hundreds of farmers blocked traffic at Pari Chowk and Zero Point of Yamuna Expressway in Greater Noida for an hour on Thursday, demanding "dues" of sugarcane growers in the state and a 64 per cent hike in compensation for farmers whose lands have been taken for the expressway. The blockade, organised...
  • Pawan Hans Helicopters failed to collect dues worth Rs 171 crore: CAG August 11, 2013

    Stateowned Pawan Hans Helicopters Limited (PHHL) has not collected dues worth over Rs 171 crore as it lacks a proper system for expeditious recovery of debts, government auditor CAG has said. "There was no system for timely recovery of debts due to which there was huge outstanding of Rs 171.87...
  • Recovering Kingfisher dues will be a tardy affair: SBI February 18, 2013

    Chennai: Government lender State Bank of India (SBI) on Monday said its increased nonperforming assets (NPA) are due to its exposure to iron, steel and textile sectors while recovering the dues from Kingfisher Airlines would be a protracted legal affair. "The ban on iron ore mining has affected the steel sector....
  • AI clears major share of Delhi, Hyderabad airport dues February 6, 2013

    New Delhi: Air India has cleared a large chunk of its dues to GMRled operators of Delhi and Hyderabad airports, with the latest instalment of Rs 415 crore being paid a few days ago. "It is heartening for us to note that Air India has made large payments over the...
  • Amitabh agrees to pay tax dues worth Rs 1.66 cr January 9, 2013

    Mumbai: A day after the Supreme Court asked actor Amitabh Bachchan to respond to a petition from the Income Tax department, the actor said on Wednesday that he is ready to pay the taxes due. The Income Tax Department had claimed that the superstar owed to it Rs 1.66 crore...
  • Over 15 KFA aircraft stripped clean from inside October 23, 2012

    New Delhi: In fresh trouble for cash strapped Kingfisher Airlines, at least 15 planes leased to them have been stripped clean, the leasing company sources told CNNIBN. The 15 aircraft have been stripped of crucial parts at various airports and have been declared not fit to fly. Sources said that inspection...
  • KFA employee wife's suicide: NHRC likely to send notice to Mallya October 9, 2012

    New Delhi: Kingfisher Airlines' woes continue as the airline's employees will be marching from India Gate to Jantar Mantar on Tuesday as there seems no end to the deadlock with the management. The National Human Rights Commission (NHRC) is also expected to send Chairman Vijay Mallya a notice in connection...
  • KFA faces licence cancellation as employees protest October 6, 2012

    New Delhi: More trouble for Vijay Mallya owned Kingfisher Airlines as the Directorate General of Civil Aviation (DGCA) has now issued a showcause notice to the airline asking why its flying permit should not be cancelled. The airline employees staged protests across the country over nonpayment of salary on Friday....
  • Section of KFA pilots strike work on salary dues August 18, 2012

    Mumbai: A section of pilots of nearbankrupt Kingfisher Airlines on Saturday went on strike, second time in the month, demanding immediate payment of March salaries, leading to cancellation of seven flights from Mumbai. "A section of Mumbaibased pilots have gone on strike due to repeated failure to keep up with the...
  • Don't 'disgrace' KFA: Mallya to striking pilots July 14, 2012

    New Delhi: With its pilots' strike disrupting Kingfisher's flight schedules, the airline's promoter Vijay Mallya on Saturday asked the agitating employees not to talk to the media or "disgrace" the company saying it would affect the recapitalisation efforts. Mallya, however, gave no assurance by when the agitators salary dues would be...
  • Three bank accounts of Essar Oil frozen July 9, 2012

    Ahmedabad: The Gujarat government on Monday froze three bank accounts of Essar Oil Ltd (EOL) in Jamnagar following Gujarat High Court directives to expedite recovery of over Rs 8,000 crore in sales tax dues. "Three bank accounts of EOL have been frozen in Jamnagar district as part of the due...
  • BPL assures payment of dues to foreign players June 13, 2012

    Dhaka: After much delay, the foreign players who participated in the Bangladesh Premier League will get their unpaid dues in the next couple of days, the organisers have assured. Bangladesh Premier League secretary Sirajuddin Mohammad Alamgir said the franchises have sent a letter to BPL assuring that "within the next...
  • Marooned at Toronto airport over Rs 1800 dues May 1, 2012

    Mumbai: Frequent fliers are well aware that its heavy going with airlines when it comes to any excess baggage. But 24yearold Vinish Vincent George claims, in his particular case, national carrier Air India has gone too far. Falling short of 35 Canadian dollars towards payment for his extra baggage proved...
  • KKRDC tie called off due to rain April 25, 2012

    Kolkata: The Indian Premier League match between Kolkata Knight Riders and Deccan Chargers was abandoned here at the Eden Gardens on Friday without a ball being bowled after heavy rains, accompanied by thunderstorm, rendered the ground unplayable. The squall with a velocity of 50 kmph, accompanied by heavy showers and lightening,...
  • Central contracts for Pak players delayed again April 23, 2012

    Lahore: The announcement of this year's central contracts for Pakistani cricketers has been further delayed after the PCB formed a new committee to recommend the pay raise and players who would be included in the list. Sources within the Pakistan Cricket Board told PTI that former chief selector Mohammad Illyas had,...
  • Pakistan players yet to receive BPL payments April 23, 2012

    Lahore: The Pakistani cricketers who took part in the inaugural Bangladesh Premier League are still waiting for their dues to be cleared by the Twenty20 tournament's organisers. One of the leading players confirmed to PTI that until now, most of the players had only received 25 percent of the total...
  • Pay salary by Tuesday 8 pm or face strike: Kingfisher staff April 2, 2012

    The engineers and pilots warned the management that if they are not assured that all their pending dues including salaries would be paid by April 20 then they would strike work from Tuesday. ...
  • Kingfisher staff threaten strike over unpaid dues April 2, 2012

    Mumbai: Kingfisher Airlines employees have given the company's management time till April 3 to release their salaries, which have not been paid since December 2011. Refusing to listen to Kingfisher Airlines Chairman Vijay Mallya, who promised to pay by dues the April 10, the engineers and pilots of the company...
  • Sri Lanka cricketers receive outstanding dues March 16, 2012

    Colombo: The Sri Lankan cricket board (SLC) has cleared the remaining dues owed to the country's national team since the 2011 World Cup. Following the ICC's decision to pay the Sri Lankan players 42.36 per cent of the outstanding dues in December taken as part of the World Cup...
  • Jet Airways says to clear tax debt by Monday March 12, 2012

    Mumbai: Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million rupees, local media reported on Sunday. "They have 24 hours to make the payment, failing which their accounts will be frozen," SK Goel, chairman...
  • More trouble for Kingfisher, 7 accounts frozen March 2, 2012

    Mumbai: Trouble doesn't seem to be getting over for the king of good times, Kingfisher Airlines. According to sources, seven more bank accounts of the beleaguered airline have been attached by the Service Tax Department. The Service Tax Department had attached 37 accounts of Kingfisher earlier and following Friday's action the...
  • Pay dues within 8 months: IT Dept to Kingfisher February 24, 2012

    New Delhi: Rejecting the revised appeal by Kingfisher Airlines to allow 18 months to clear dues, the Income Tax Department on Friday sought Rs 3540 crore as upfront payment and asked the airline to pay the balance dues in 8 months. Unhappy with Kingfisher's offer to make payments over 18 months...
  • Sri Lanka orders bank to pay player wages February 17, 2012

    Colombo: Sri Lanka's sports minister has ordered the staterun Bank of Ceylon to settle the wages of national cricketers who have not been paid for over a year, a statement said on Friday. After several rounds of discussions between minister Mahindananda Aluthgamage, the bank and the cricket board, the Bank of...
  • Air India says to clear dues to oil cos on Friday February 3, 2012

    New Delhi: Air India has settled a "major portion" of dues owed to staterun oil marketing companies and will pay the remainder on Friday, a spokesman for the ailing national carrier said on Thursday. The oil marketing firms had earlier threatened to halt fuel supplies to Air India, reeling under a...
  • UP: SC orders sugar mill owners to pay farmers January 17, 2012

    New Delhi: In a setback to sugar mill owners on Tuesday, the Supreme Court directed private mill owners to pay approximately Rs 1000 crores to UP sugarcane farmers. The state government had fixed a particular price for sugarcane farmers a few years back, because of which a backlog of nearly...
  • ICC pays part of fees due to Sri Lankans December 20, 2011

    Colombo: The ICC has paid 46 per cent of the fees due to Sri Lanka's cricketers for the 2011 World Cup after the country's cashstrapped cricket board failed to pay their salaries. Instead of routing it through Sri Lanka Cricket (SLC), the payment of USD 2 million was made directly into...