MUMBAI: The Bombay High Court today allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya’s luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.
The Service Tax department which has to recover dues of over Rs 500 crore from Mallya’s defunct Kingfisher Airlines, had attached the plane in December 2013.
The aircraft is grounded since October 2012. The Mumbai International Airport Ltd (MIAL) has also approached the HC, claiming hangar charges of the plane from SGI Commex, the purported bid winner.
However, SGI Commex told the court that it wanted to withdraw from the process because “it was not acceptable to other side and the deal could not be struck under a cloud.”
“A fresh auction may be permitted (by the court)…We may bid again if we feel necessary,” said its lawyer.
A division bench headed by Justice S C Dharmadhikari recorded the statement and allowed a fresh auction.
The bench also gave an option to C J Leasing, the company which owns the aircraft and which had given it to Mallya on lease, to pick an agency to conduct the fresh auction. (AGENCIES)