SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
Case is related to payment of user development and passenger service fee.
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
The other two companies were Spanco Limited (Rs 37 crore or Rs 370 million) and Arch Pharma (Rs 56 crore or Rs 560 million).
The company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries.
The agency is also investigating the overall financial structure of Kingfisher Airlines.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
Kingfisher and Deccan swap of shares will be finalised by April, upon Sebi's approval.
Kingfisher Airlines flagged off services between Hong Kong and Mumbai with its inaugural flight taking off from Hong Kong's Chek Lap Kok Airport on Wednesday.
The Karnataka High Court has rejected a petition by Vijay Mallya-led Kingfisher Airlines Limited challenging the move by a consortium of banks to take possession of its "Kingfisher House" property in Mumbai to realise part of the debts due to them from the airlines.
A total of 17 cases have been filed against Kingfisher Airlines in different courts over outstanding amount of Rs 22.5 crore, which it owes to GMR
Vijay Mallya, chairman and chief executive officer of Kingfisher Airlines Limited was in Washington, DC on Monday to sign a contract worth $300 million with Pratt & Whitney
The discrepancy was pointed out by the finance ministry in the light of changes in foreign direct investment norms, as specified in Press Note II issued earlier this year, while considering the company's proposal to raise Rs 708 crore (Rs 7.08 billion) through fully convertible warrants. Prior to the Press Note II, the FDI component in Kingfisher Airline was just 16.45 per cent.
A Kingfisher Airlines ATR aircraft, with 42 passengers and four crew members on board, overshot the runway after it landed at Mumbai airport on Tuesday. All the passengers are safe and have been evacuated from the aircraft, a Kingfisher Airlines spokesperson said. "Kingfisher Airlines flight 4142 from Bhavnagar (Gujarat) left (overshot) the runway after landing," a Mumbai International Airport Limited spokesperson said. Both the pilots of the aircraft have been taken off duty
According to sources, Kingfisher Airlines has started disbursing salaries to some of its employees apart from approaching the aviation regulator seeking licence renewal.
Shares of Kingfisher Airlines fell for the seventh day in a row today plunging by nearly 5 per cent to hit the lower circuit limit on bourses.
While Raghunathan is a named accused in the CBI's case registered in October last year, Nedungadi had resigned recently from the post of CFO of the UB group.
In a major clampdown for non-compliance of Listing Agreement, top exchanges BSE and NSE announced suspension of trading in shares of Kingfisher Airlines and another group firm, UB Engineering, from next month.
The permit was suspended by DGCA on October 20.
The charge sheet has now paved way for the CBI to approach authorities in the UK for deportation of Mallya.
Bollywood actress Deepika Padukone and Sidhartha Mallya, the owner of Kingfisher Airlines, judged models for the Kingfisher Calendar 2011 in Mumbai on October 26.
The Supreme Court on Friday rejected Kingfisher Airlines' plea against the Karnataka High Court's order directing it to deposit around Rs 185 crore with the Income Tax Department as TDS from its employees' wages.
Cash and carry basis means the airline will not be allowed to operate flights out of Mumbai unless it pays for landing and parking for each movement on an immediate basis.
Agency sources said that besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have been named as accused in the FIR.
The results are required to be disclosed by listed companies on stock exchange platform for benefit of investors.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines
The notice for clearing the dues, served 10 days ago, gave the airliner 7 days time to make the payment but it has not yet responded, Mumbai International Airport Limited sources told PTI on Monday.
The GVK Group-run MIAL issued a notice to the airline on Thursday.
Jet Airways, Kingfisher Airlines and Air India will have till March to settle the Rs 2,900-crore fuel bill they owe the state-owned refiners even as the oil companies today agreed to increase the credit limit for the airlines to 90 days.
Kingfisher's flying licence or the Scheduled Operator's Permit was suspended in October and later lapsed in December after the airline was grounded following a strike by its employees, including pilots, over non-payment of dues.
'But for the change in the method of accounting... the loss for the quarter ended September 30, 2008 would have been more by Rs 129.5 crore (Rs 1.29 billion) and for the half-year ended on that date would have been more by Rs 744.23 crore (Rs 7.44 billion),' chartered accountant B K Ramadhyani & Company said in their report to the board of directors of Kingfisher Airlines.
SBI is likely to register more FIRs to bring into the ambit of probe the additional Rs 3,100 crore loans from 10 other nationalised banks on which the company has allegedly defaulted.
Reacting to the buzz, shares of the grounded-carrier tanked 4.86 per cent to Rs 2.74 -- its lower circuit limit on the BSE.
The trademarks/brands on the block include Fly Kingfisher, Flying Models, Funliner, Fly the Good Times, Kingfisher and Flying Bird Device.
The judge said the assets of the respondent company cannot be left under the control of UBHL and could be handed over to official liquidator to achieve the winding up process s per the law.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
With this, India joins 60 other countries that collect PNR details of international passengers.
DIAL has filed four cases against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
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