For the US, the above is a correct representation in the main. However, the above doesn't hold true across all jurisdictions beyond the US: in some places, some corporation owners/controllers may still be liable for the debts of an owned/controlled corporation/subsidiary corporation even when there is no unlawful activity involved.

Hmmm. I still reserve the right to differ with you. Isn't a corporate entity different from the individual who owns it?

Of course the corporate entity and the individual(s) who own it are generally different, but the obligations of a corporation are not universally restricted to just remaining the obligation of the corporate entity itself. The compartmentalization of obligations of the corporation is such that obligations of the corporation are firmly separated from that of obligations of the owners and/or management team when it comes to US corporations in a US jurisdiction -- it's even true of foreign corporations in a lot of foreign jurisdictions, but it's not the case universally.

At least the affected pax can book on EK+TG or CX.

A query...I hope u can help me with it..I am in Glasgow came by Kingfisher airlines n am returning on May 8. Now the BA code share arrangement has gone for a toss, the KA site shoes' no flight status' if you try to find out abt the London/Glasgow flights. In such a situation, what can I do? Will KA make alternative arrangements forme to fly back to Mumbai?

Contact them and ask your options. They might offer a alternative or refund. That's just about it I guess.

They ought to make alternative arrangements so as to perform in delivering services as per the contract of carriage to which IT is bound (on a partially-used return ticket this would mean generally flying you back on an alternative carrier although refunds are sometimes offered too); however, what they ought to do and what they actually do are far from being one and the same, particularly as IT's cash access is limited and other carriers have reasonable concerns about IT's ability and willingness to pay other carriers as required of IT and may not be so willing to take on IT customers for what may turn out to be "free". Also, even if IT offers a refund, would the refund even get processed and paid out?

It's awfully difficult for IT to rebook you on other carriers as long as interline agreements keep on being cancelled and IT remains suspended from the ICH...

Even AI has IT on cash & carry now for stranded pax...

Probably your best bet is to go ahead and book yourself a one-way fare, as your chance of IT taking care of you and rebooking you onto another airline is very, very slim. Mallya has grabbed the money and run already, AI will most probably be death coming May. (And even if not, they won't be in a hurry to try to bring those people stranded by their fault home..)

Good thing for you is, One-Way fares appear to be still quite cheapish, 8th May showing as low as 343£ from LHR. That's with Gulf Air, an airline you might prefer to avoid, as well as the 349£ for Air India, but for as little as 356£ you can fly with Turkish, which is a very good carrier.

Direct flight from LHR with Jet would be 384£.

Flights on other dates in May could be had for a few pounds less, but not much.

Best offer from Glasgow to Mumbai is for 435£, basically the same flights from Jet as above, with the connection to LHR by BA, for the additional 50 Quids or so.

Emirates would be 457£ - if you prefer to have the "short end" of your connection at the end, go with this connection, besides that, there is no big difference in time needed.

Next time, probably better to invest a few £ more and choose a reliable carrier over the "King of Good Times" - as you can see, all the "Good times" have left you is headache, the regular ending of a "Good Time" night ;)

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"The King of Good Times" has virtually eaten your money, and you will never get it back.:mad:

It is a shame that the Indian Govt. still wants to bail out the airline, and keep it running at all costs inorder to satisfy their ego.:td:

This is the first time such a event happening with a Indian carrier, and is an eye-opening event for foreign investors risking to pump money into unreliable markets.;)

It is just a matter of time the over bloated unreliable Indian aviation network collapses leaving behind just one or little more carriers with consolidated routes similar to the 90's.

Which carrier is reliable now??;)

KE

For convenient flights from India to UK?

BA, LH, AF, EK, LX, Qatar, SriLankan, Egypt Air, Ethiopian Airlines, Etihad Airways, Kenya Airways, TG, SQ, Malaysia Airlines (if you don't mind the detour)..

There is plenty of choice.. only listing those with a max. of 1 stop...

That's the first I have heard of this. The Indian Govt has repeatedly said that they will not bail them out.