Kingfisher says court stayed United Bank decision against company

[Daljeet]

(Reuters) - Grounded Indian carrier Kingfisher Airlines Ltd has said a court has halted the execution of a decision by state-run United Bank of India that declared the airline and its directors "wilful defaulters".The Calcutta High Court will hear the case on Nov. 10 and has sought more information from both sides, Kingfisher said in a statement late on Saturday.
United Bank officials could not be reached immediately for comment on Sunday.