Summary:
“We want to make use of the choppers for commercial activity, including chartered service,” Sehrawat noted. The 3-year-old firm also provides ground operations and air ambulance service to hospitals in the national capital region (NCR). Three firms participated in the auction, held with minimum bid price of Rs 1.75 crore for each copter of model 2008, last flown in 2013. The Tribunal held the e-auction on behalf of a consortium of 17 banks which filed the case in 2013 against Mallya and his defunct Kingfisher Airlines Ltd for defaulting on loans borrowed from 2007-2012. Bengaluru: Delhi-based Choudhary Aviation Facilities Ltd had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) here, a company official said on Wednesday..