Will quash Jet-Etihad deal if irregular: SC

The Supreme Court today made it clear that it would quash the Jet-Etihad Airways deal if there are any irregularities in it.

The apex court also issued notice to Centre and Income Tax Department on a plea seeking direction to the government to place the transcript of tapped telephonic conversation of former corporate lobbyist Niira Radia in which she allegedly had talked about the civil aviation sector.

The court passed the order on BJP leader Subramanian Swamy’s plea seeking its direction to quash the deal on the ground that it was against public interest as there has been squandering of natural resource i.e. the sky and air space.

Full report here Economic Times 


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