Let us inform that Swamy has approached the Delhi High Court with a request to quash the disinvestment process of Air India and stay the approval given to it by the authorities.
In the Delhi High Court, Bharatiya Janata Party’s Rajya Sabha MP Subramanian Swamy has filed an application to quash the disinvestment process of Air India. Which was rejected by the Delhi High Court. Let us inform that Swamy in his petition had opposed the auction of Air India and also requested for a stay on the approval given to it by the authorities.
On Thursday, a bench of Chief Justice DN Patel and Justice Jyoti Singh, while giving its verdict on this, said that we dismiss this petition. The court also said that the decision on disinvestment was taken after following a transparent process through a multi-layered channel.
In fact, Swamy, in his petition, had requested for a CBI inquiry into the role and style of functioning of the officers in the auction.
Government side: On Swamy’s plea, the central government had protested. Solicitor General Tushar Mehta, appearing for the central government, told the court that the national aviation was in loss. In such a situation, the decision of disinvestment was taken by the government which was a policy decision. He had said that nothing was hidden about the deal.
Tata’s argument: Senior advocate Harish Salve, appearing for the Tata Group, which bought Air India, had argued that Tata was a 100% Indian company that was the successful bidder and the allegations of corruption were without any basis. He had said that since 2017 the government is facing trouble in selling the airline. There is nothing in this petition. No information is given.
Significantly, in October last year, the central government had accepted the highest bid submitted by a Tata Sons company for 100 per cent stake in Air India and Air India Express as well as 50 per cent stake in ground handling company AISATS.