The court is already hearing the plea of Global Vectra Helicorp against the same order, and today its director Raj Menon and a shareholder Rohit Hans, who has 960 shares in the company, approached the court, questioning the DGCA's actions.
The CBI probe against Rishi, who is one of the directors of the company and has three percent stake in it, in connection with Tatra truck deal cannot be the basis for blacklisting a company which has been supplying choppers for various purposes in the country since 1998, senior advocate Parag Tripathy contended while appearing for the petitioners.
On May 7, DGCA has suspended the firm's operating permit after the home ministry raised security concerns.
Tripathy contended that while issuing the order, no reason was cited by DGCA and it has not applied its mind while issuing order.
He submitted that Home Ministry informed the DGCA that security clearance of Ravi Rishi has been withdrawn and as a consequence DGCA has proceeded to exercise its power and suspended the non-schedule operator's permit.
Currently, the CBI is probing the alleged role of Rishi, London-based Vectra Group chairperson, in connection with the multi-crore-rupee deal for the heavy-duty all-terrain Tatra trucks for the army and the bribery charges made by Army chief Gen V K Singh.
"This is the commercial operation of the company, I have to fly to Vaishno Devi to take pilgrims there, and to operate onshore and offshore operations for oil companies. Commercial operation cannot be stopped," Tripathy said. MORE
