Delhi HC dismisses Swamy’s plea seeking to set aside Air India disinvestment process


PTI, Jan 6, 2022, 12:28 PM IST

The Delhi High Court on Thursday dismissed BJP leader Subramanian Swamy’s plea seeking to set aside the Air India disinvestment process on the allegation that the methodology adopted by the government in the valuation of the national carrier was ”arbitrary, illegal and against public interest”.

The order was passed by a bench of Chief Justice D N Patel and Justice Jyoti Singh. The court said a detailed order will be uploaded. “Dr. Subramanian Swamy, sir we are dismissing this matter… For the aforesaid reasons, we are dismissing this writ petition,” the bench said. Swamy has sought to set aside and revoke any action or decision or grant of any further approvals, permissions or permits by authorities with respect to the Air India disinvestment process.

On January 4, the court heard the arguments put forward by Swamy, Solicitor General Tushar Mehta and senior advocate Harish Salve, who appeared in the matter on behalf of Talace Private Limited, and had reserved the order.

Swamy also sought a CBI investigation into the role and functioning of authorities and the submission of a detailed report before the court.

The plea was opposed by the counsel for Centre and Talace Pvt Ltd.

In October last year, the Centre accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express, along with the government’s 50 per cent stake in ground-handling company AISATS — the first privatisation in the country in 20 years.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Lone tusker spotted on NH-166 near Karkala, disrupts traffic

Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday

Not ‘kaun banega mukhyamantri’ contest; MVA to name CM pick after polls: Jairam Ramesh

Related Articles More

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused

Police rescue 70 cattle after gunfight with cow smugglers in Rajasthan’s Bharatpur

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.