Notice to Centre on documents of Jet-Sahara merger

Mumbai: The Bombay High Court today issued a notice to the government, on a petition filed by Jet Airways asking for documents related to its failed takeover bid of rival Air Sahara.
Jet, whose plans to acquire Air Sahara failed due to absence of security clearance, had on Monday filed the petition seeking the documents and notes made by Director General of Civil Aviation and Civil Aviation Ministry on the merger. Jet`s application was filed under Section 27 of the Arbitration Act.
The single judge bench of Justice Anoop V Mehta asked the government to present its views on April 11. According to Janak Dwarkadas, counsel appearing for Jet, these documents are related to the security clearance and internal notes made by the authorities during the merger.
A two member arbitration tribunal, which is hearing the two airlines, had on march 28 granted permission to Jet Airways to file application seeking documents before the court.
05/04/07 Zee News

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Categories: Air Sahara Apr 2007, Jet Airways Apr 2007