Travel Ban For B R Shetty Upheld In Karnataka High Court
Travel Ban For B R Shetty Upheld In Karnataka High Court
BR Shetty’s NMC, the UAE’s biggest hospital group listed in London, went into administration in April 2020 after months of turmoil over its finances and its disclosure of $6.6 billion in debt, well above earlier estimates.
Mumbai: A court on Wednesday refused to let BR Shetty, the founder of troubled hospital operator NMC Health, travel to the United Arab Emirates (UAE), as it upheld a previous ruling.
Shetty’s NMC, the UAE’s biggest hospital group listed in London, went into administration in April 2020 after months of turmoil over its finances and its disclosure of $6.6 billion in debt, well above earlier estimates.
"The findings recorded...are based on sound appreciation of facts and law," the two-judge panel said in dismissing Shetty’s challenge of immigration officials’ decision to stop him from boarding a Nov. 14 flight to the Middle Eastern nation.
He was appealing against a February ruling by a single judge of the High Court in Karnataka.
"We are yet to examine the reasoned order in detail," Shetty’s lawyer, Zulfiquar Memon, told Reuters. "However, there is no doubt that we will challenge it in the Supreme Court."
Two sources directly aware of the matter have told Reuters that authorities acted against Shetty on the basis of a complaint by state-run Bank of Baroda. The lender did not immediately respond to a Reuters request for comment.
Bank of Baroda is suing Shetty for backing away from a collateral agreement for debts and additional guarantees. But Shetty has described the pact as a "fraudulent document" in a court document seen by Reuters.
In November, Shetty denied reports he had fled the UAE after the hospital group’s implosion and said he planned to return.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Final Journey of Lionel John Lewis (74 years) | LIVE from Milagres Cathedral | Kallianpur | Udupi
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Vespers 2024 | St. Theresa’s Church, Kemmannu
Annual Church Feast 2024 | St. Theresa’s Church, Kemmannu
Confraternity Sunday | St. Theresa’s Church, Kemmannu
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
CHRISTMAS MASS-2023 | St. Theresa’s Church | Live from Kemmannu | Udupi
Annual Day 2023 | Carmel English School, Live From Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Easter 2023 - Milrachi Lara From Milagres Cathedral, Kallianpur, Udupi
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link