Sahara India has moved the Bombay High Court against Jet Airways for alleged non-payment of instalments related to the buyout of erstwhile Sahara Airlines (now JetLite) in April 2007.
Sahara India has moved the Bombay High Court against Jet Airways for alleged non-payment of instalments related to the buyout of erstwhile Sahara Airlines (now JetLite) in April 2007.
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"Sahara India has not accepted this position (I-T liability prior to the takeover is to be borne by Sahara) and moved the Bombay High Court for appropriate relief.
Since the matter is sub-judice, we do not want to comment on the merit of the case," a Jet spokesperson told PTI.
The I-T department has raised certain demands on Sahara India Airlines for the period prior to the takeover and unrelated to the activities of JetLite before the takeover, the spokesperson said.
It is the position of Jet Airways that this liability is to be borne by Sahara since arrangement for this payment of this liability has not been made by it, he added.
These amounts deposited by JetLite were deducted from the instalments payable under the award, the spokesperson said. Sahara spokesperson was not available for comments despite repeated attempts.
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