Deccan Charters Pvt. Ltd., another of Capt. Gopinath’s venture, is also counting its days as the Karnataka High Court has already prohibited it from selling or alienating any of its assets, including helicopters and aircraft.
This order was issued in May this year following a petition filed by Lt. Col. G.P. Uttam Kumar (retd.), who was a pilot with the company, seeking a direction to wind up the company to recover dues to him as it was admittedly in the process of selling its assets to pay for the retrenched staff.
Three more former pilots of Deccan Charters too moved the High Court recently.