Jet-Sahara cases to be heard by Bombay HC
Facebook Twitter google+ RSS Feed

Jet-Sahara cases to be heard by Bombay HC

By agencies   |   Tuesday, 29 August 2006, 07:00 Hrs
Printer Print Email Email
NEW DELHI: The Supreme Court today said that all disputes related to the aborted $500 million Jet-Sahara deal will be heard by the Bombay High Court.

A bench headed by Chief Justice YK Sabharwal has asked the Bombay High Court to decide the issue of jurisdiction on a priority basis. While Sahara, based in Lucknow, has asked for Lucknow as the jurisdiction of the case, Jet says that it should be Mumbai as it is based in Mumbai.

In January this year, Jet has signed a deal to acquire Sahara airlines with it creating one of Asia’s largest airlines. However the deal fell through in June this year after accusations and counter accusations by both the parties over delays in merger of the airlines.

Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Sr. Executive
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
Reena Khanna
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset