New Delhi: The Supreme Court today agreed to hear a PIL of BJP leader Subramanian Swamy seeking quashing of the Centre's approval to Jet-Etihad Airways deal.
A bench comprising Chief Justice P Sathasivam and Ranjan Gogoi said that it would hear the petition on October 8.
Mentioning the matter, Swamy said it required urgent hearing in view of the approval accorded to the deal by the Central government.
In the first-ever investment by a foreign airline in an Indian carrier, Jet Airways had on April 24 announced plans to sell 24 per cent equity to Etihad Airways for about Rs 2,058 crore, as part of a strategic alliance that would lead to a major expansion in their global network.
Read news in full 04/10/13 PTI/Economic Times
Sunday, 6 October 2013
Roadblock for Jet-Etihad: SC to hear Subramanian Swamy’s plea against CCEA nod
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