Jet-Sahara legal tussle sets up a clash of titans

NEW DELHI: After burning their fingers with the failed Rs 2,300-crore takeover deal, Jet Airways and Air Sahara are blowing up millions on a battery of high-profile lawyers to fight out the bitter dispute..

While the Sahara Group has lined up heavyweights like K K Venugopal, Fali S Nariman and Dushyant Dave, Jet’s case is being handled by Abhishek Singhvi and Harish Salve.

Most legal eagles specialising in corporate law charge lakhs of rupees for each appearance and legal expenses could burn a mini hole in the pockets of Naresh Goyal and Subrata Roy. For consultancy assignments, the cost goes up hour by hour. Both sides for sure would feel the additional pinch of legal expenses.