Supreme Court warns of quashing Jet-Etihad deal if irregularities found

New Delhi: The Supreme Court has made it clear that it would quash the Jet Airways-Etihad Airways deal if there are any irregularities in it.
The apex court also issued notice to Centre and Income Tax Department on a plea seeking direction to the government to place the transcript of tapped telephonic conversation of former corporate lobbyist Niira Radia in which she allegedly had talked about the civil aviation sector.
The court passed the order on BJP leader Subramanian Swamy's plea seeking its direction to quash the deal on the ground that it was against public interest as there has been squandering of natural resource i.e. the sky and air space.
At the outset, Swamy raised objection over Centre's non-filing of its response on his plea.
Solicitor General Mohan Parasaran sought further four weeks' time to file the response and also raised the plea of maintainability by saying that earlier, a similar petition, questioning the AirAsia deal, was not entertained by the apex court and Swamy was rather asked to move the Delhi High Court.
Read news in full 06/12/13 PTI/Business Today