Bombay HC grants time to Jet, Sahara to file affidavits

Last Updated: Thursday, November 19, 2009 - 13:38

Mumbai: The Bombay High Court today
granted two months time to Jet Airways and Air Sahara for
filing affidavits with regard to the dispute over the
multi-crore take-over deal.

Both the parties sought time to file additional
affidavits following which the Court deferred the case for
further hearing to January 19.

Sahara had in March filed a petition claiming that the
Naresh Goyal-owned airline had defaulted on the instalment
amount due as payment for acquisition of Sahara Airlines, now
JetLite. Hence, it was liable to pay the original deal amount
of Rs 2,000 crore and not the re-negotiated amount of Rs 1,450
crore.

Bureau Report



First Published: Thursday, November 19, 2009 - 13:38

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