HC grants time to Jet, Sahara to file affidavits

MUMBAI: The Bombay High Court today granted two months time to Jet Airways and Air Sahara for filing affidavits with regard to the dispute over the multi-crore take-over deal.

Both the parties sought time to file additional affidavits following which the Court deferred the case for further hearing to January 19.

Sahara had in March filed a petition claiming that the Naresh Goyal-owned airline had defaulted on the instalment amount due as payment for acquisition of Sahara Airlines, now JetLite. Hence, it was liable to pay the original deal amount of Rs 2,000 crore and not the re-negotiated amount of Rs 1,450 crore.