New Delhi: The Delhi High Court today reserves its interim order on a plea of BJP leader Subramanian Swamy seeking a stay on the operationalisation of USD 30 million deal between Tata Sons and Malaysia-based AirAsia.
"We will pass the order," a bench comprising Chief Justice N V Ramana and Justice Rajiv Sahai Endlaw said after hearing arguments of Swamy and Solicitor General (SG) Mohan Parasaran, who appeared for the Centre.
"Now the announcement has been made by the Airlines that it is about to start its operation in India. A stay is needed as a third party interest would be created. The deal was against public interest and rule of law," Swamy said.
The plea was opposed by SG Parasaran and senior advocate Abhishek Manu Singhvi, who appeared for Tata-AirAsia.
23/01/14 PTI/Financial Express
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"We will pass the order," a bench comprising Chief Justice N V Ramana and Justice Rajiv Sahai Endlaw said after hearing arguments of Swamy and Solicitor General (SG) Mohan Parasaran, who appeared for the Centre.
"Now the announcement has been made by the Airlines that it is about to start its operation in India. A stay is needed as a third party interest would be created. The deal was against public interest and rule of law," Swamy said.
The plea was opposed by SG Parasaran and senior advocate Abhishek Manu Singhvi, who appeared for Tata-AirAsia.
23/01/14 PTI/Financial Express
