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No takers for Kingfisher Villa in Goa, again

Published

7 years ago

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Mumbai, kingfisher, kingvisher villa, goa, vijay mallya, sbi, auction, bids,

Kingfisher Villa

Mumbai: An SBI-led consortium’s attempt to auction the Kingfisher Villa in Goa, failed for the second time on Thursday as it had no takers despite a five per cent cut on the reserve price.The reserve price for the north Goa villa, where absconding industrialist Vijay Mallya hosted lavish parties, was kept at Rs 81 crore, which was 5 per cent lower than the October auction price.

In the first attempt the lenders had tried to sell the sea facing property for Rs 85.29 crore.”Unfortunately, none of the bidders came forward. The auction failed this time as well,” an official of SBICap, which is auctioning Mallya’s properties on behalf of the lenders, said here.Earlier on Monday, its attempt to auction the Kingfisher House here, the defunct Kingfisher Airline’s corporate office, also failed for the third time due to no takers despite a 15 per cent cut in its reserve price.Officials said the depressing effect of the November 8 demonetisation measure on the real estate market could be a factor in the lack of bids as bidders expect prices to be reduced further.

Kingfisher Villa, owned by United Breweries Holdings (UBHL), was mortgaged as collateral for loans to Kingfisher Airlines.The liquor baron left the country in March and is currently said to be living in Britain. Besides these two properties, the banks are also once again auctioning Mallya’s movable properties worth Rs 15.72 lakh kept at Kingfisher House, on January 5, 2017.These assets include 10 cars, which would be auctioned on an individual basis.Kingfisher Airlines owes around Rs 9,000 crore to the consortium of 17 banks.

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What monkey fled with a bag containing evidence in it: Read full story

Published

2 years ago

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May 5, 2022

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The court, generally, considers a person who commit a crime and the one who destroys the evidence, as criminals in the eyes of law. But what if an animal destroys the evidence of a crime committed by a human.

In a peculiar incident in Rajasthan, a monkey fled away with the evidence collected by the police in a murder case. The stolen evidence included the murder weapon (a blood-stained knife).

The incident came to light when the police appeared before the court and they had to provide the evidence in the hearing.

The hearing was about the crime which took place in September 2016, in which a person named Shashikant Sharma died at a primary health center under Chandwaji police station. After the body was found, the deceased’s relatives blocked the Jaipur-Delhi highway, demanding an inquiry into the matter.

Following the investigation, the police had arrested Rahul Kandera and Mohanlal Kandera, residents of Chandwaji in relation to the murder. But, when the time came to produce the evidence related to the case, it was found that the police had no evidence with them because a monkey had stolen it from them.

In the court, the police said that the knife, which was the primary evidence, was also taken by the monkey. The cops informed that the evidence of the case was kept in a bag, which was being taken to the court.

The evidence bag contained the knife and 15 other important evidences. However, due to the lack of space in the malkhana, a bag full of evidence was kept under a tree, which led to the incident.

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