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Sahara accuses Jet of breach of contract

Sahara Commercial Corporation on Thursday filed an application in the Bombay High Court alleging that Jet Airways had committed breach of contract in the takeover deal and was liable to pay it (Sahara) Rs 2,000 crore instead of the renegotiated Rs 1,450 crore agreed on by them.

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Sahara Commercial Corporation on Thursday filed an application in the Bombay High Court alleging that Jet Airways had committed breach of contract in the takeover deal and was liable to pay it (Sahara) Rs 2,000 crore instead of the renegotiated Rs 1,450 crore agreed on by them.

While Jet sought four days to file a rejoinder to Sahara's application, the court has given the airline time till this afternoon to go through the application, and it will then hear the matter. The court will give the date of the next hearing today.

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