Tuesday, June 23, 2009

HC defers ruling on Jet-Sahara case till July 2

Mumbai: The Bombay High Court on Monday asked Jet Airways and Sahara India Commercial Corporation Ltd (SICCL) to settle their dispute over the takeover of Sahara Airlines by July 2 or else it would pass an order.
Justice Dhananjay Chandrachud deferred the ruling after both the parties informed the court that they were too eager to settle the dispute.
Jet Airways had sought time till July 9, but the court asked both sides to settle before July 2 or else it would pass an order.
The court had last month directed both Jet and Sahara to sit across the table and try for an amicable settlement to the dispute.
This is not for the first time the court has suggested both sitting down and settling their dispute.
Earlier, both tried but could not find out a solution to their dispute.
22/06/09 Business Line
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