Delhi HC upholds CCI decision of Vistara-Air India merger
AVIATION & AIRPORTS

Delhi HC upholds CCI decision of Vistara-Air India merger

The Delhi High Court has rejected a petition against the Competition Commission of India's (CCI) approval of the merger of Tata SIA Airlines, operating as Vistara, with Air India. The petition was filed by Captain Deepak Kumar, a former Air India pilot, who alleged cartelisation and bid rigging in the merger. However, the antitrust watchdog had dismissed his plea in December, citing the absence of substantive evidence.

Kumar then moved the High Court, alleging that the Commission passed the order without conducting any inquiry. Justice Sanjeev Narula, while upholding the CCI?s order, noted that Kumar's plea contained numerous unsubstantiated and reckless allegations not supported by evidence and appeared to be driven by malice.

"The claims are made without any regard for truth and appear to be designed to manipulate or mislead. This approach not only discredits the Petitioner?s credibility but also burdens the legal system unnecessarily. Therefore, in the court?s view, given the absence of any substantiated claims and the apparent malicious intent behind the allegations, the present petition lacks merit,? the court stated.

The High Court also observed that Kumar's petition included "numerous unsubstantiated, wild, and scandalous allegations against the Prime Minister and a former Chief Justice of India," none of which were supported by documentary evidence.

In November 2022, the Tata Group and Singapore Airlines announced their plan to merge Vistara into Air India, which would give the Tata Group at least a 51% stake in the merged entity. Singapore Airlines would hold a minority stake of 25.1%. (Source: ET)

The Delhi High Court has rejected a petition against the Competition Commission of India's (CCI) approval of the merger of Tata SIA Airlines, operating as Vistara, with Air India. The petition was filed by Captain Deepak Kumar, a former Air India pilot, who alleged cartelisation and bid rigging in the merger. However, the antitrust watchdog had dismissed his plea in December, citing the absence of substantive evidence. Kumar then moved the High Court, alleging that the Commission passed the order without conducting any inquiry. Justice Sanjeev Narula, while upholding the CCI?s order, noted that Kumar's plea contained numerous unsubstantiated and reckless allegations not supported by evidence and appeared to be driven by malice. The claims are made without any regard for truth and appear to be designed to manipulate or mislead. This approach not only discredits the Petitioner?s credibility but also burdens the legal system unnecessarily. Therefore, in the court?s view, given the absence of any substantiated claims and the apparent malicious intent behind the allegations, the present petition lacks merit,? the court stated. The High Court also observed that Kumar's petition included numerous unsubstantiated, wild, and scandalous allegations against the Prime Minister and a former Chief Justice of India, none of which were supported by documentary evidence. In November 2022, the Tata Group and Singapore Airlines announced their plan to merge Vistara into Air India, which would give the Tata Group at least a 51% stake in the merged entity. Singapore Airlines would hold a minority stake of 25.1%. (Source: ET)

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?