The court, however, did not pronounce the quantum of punishment as the Rajya Sabha MP, who left the country last month, was not present in the court, Mallya’s lawyer H Sudhakar Rao said.
The quantum of punishment is expected to be pronounced on May 5 by the court, GMR lawyer Ashok Reddy said.
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The court had earlier issued a non-bailable warrant against the Kingfisher Airlines, its chairman Vijay Mallya and another senior official of the company for allegedly dishonouring of a cheque of Rs 50 lakh given to GMR Hyderabad International Airport Ltd (GHIAL) which operates the Rajiv Gandhi International Airport here.
GHIAL had in October, 2012, withdrawn a case over 'bounced' cheques against Mallya after the airline agreed to pay the outstanding amount due to the airport operator.
However, Kingfisher made only a part of the payment and defaulted on the rest, prompting the airport operator to approach the court.
The Ministry of External Affairs recently suspended Mallya's diplomatic passport for a period of 4 weeks on the advice of Enforcement Directorate which two days ago obtained an NBW against him from a Mumbai court in a money-laundering case.
The Kingfisher Airlines, promoted by Mallya, has defaulted on repayment of over Rs 9,000 crore of bank loan.
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