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Jet Airways to pay Rs 478 cr dues to Sahara India

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  • Published On: May 04, 2011
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Ending a long drawn dispute, the Bombay High Court has asked Jet Airways to pay Sahara India Rs 478 crore in two weeks on account of default in its obligations toward the Rs 1,450 crore take over deal of Sahara Airlines (now Jetlite). Justice Dhananjay Chandrachud held that Jet Airways was liable to pay Sahara Rs 478 crore, which includes interest at 9 per cent per annum.
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