Wednesday, December 19, 2007

No all-clear for DIAL yet

New Delhi: The Delhi International Airport Limited?s (DIAL) ongoing tussle with the Airports Authority of India/Ministry of Civil Aviation (AAI/MoCA) isn?t likely to get resolved in a hurry, though things appeared settled when, a few weeks ago, Aviation Minister Praful Patel said at a press conference that the government would go by the Attorney General's (AG) opinion on the dispute.
This is because the agreements entered into by DIAL with various subsidiaries (DAPL and DCPL) do not conform to the pre-conditions mentioned in the AG's opinion.
An email to DIAL officials detailing the problem areas was sent on Thursday last week but remained unanswered. AAI, meanwhile, sent a letter to DIAL on December 13 saying that the ministry was examining the AG?s opinion with respect to whether DIAL could accept deposits for land sub-leased by it for commercial development and whether it could form various subsidiary companies to carry out business.
AAI has written that till there is another letter from it specifically giving DIAL the go ahead, it must not take any action in these areas.
19/12/07 Sunil Jain/Business Standard
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