Air Asia India keen to apply for West Asia slots vacated by Jet Airways
The lawyers say Air Asia India needs to revoke the licensing agreement so that management control moves from Malaysia to India, as required by FDI guidelines
The allegation that Chandilya was involved in fraudulent transactions of Rs 220 million during his tenure was based on the audit report
A CBI source reiterated that Fernandes had been summoned to appear before investigators but did not clarify if that summons had been delivered
The matter assumes significance as NCLT is set to give a date of judgement on June 12 on a plea filed by Mistry on his removal by the Tata Sons board.
The budget carrier is majority-owned by the Tatas, and Venkataramanan has around 1.5 per cent shareholding in the joint venture with AirAsia Berhad.
The passenger is being interrogated by the local police
Group chief executive officer Tony Fernandes says he has applied for OCI card