SC: Disciplinary Proceedings Cannot Follow if an Officer is Discharged on the Same Charge  ||  SC Clarified the Distinction Between Arbitration “Seat” And “Venue” While Summarising Key Principles  ||  Supreme Court: Wife and Her Family Cannot Be Prosecuted For Dowry-Giving Based On Her Complaint  ||  SC: Plaint Cannot Be Rejected Under Order VII Rule 11 CPC on the Ground of Order II Rule 2 Bar  ||  Supreme Court Has Issued an SOP Prescribing Strict Timelines For Filing Legal Aid Appeals  ||  Madras HC: Dhurandhar 2 Release Cannot be Stalled Due to Objections From a Small Section  ||  Delhi HC: Lokpal May Form Prima Facie Opinion Before Show Cause Notice Without Prior Hearing  ||  Bom HC: Family Courts Cannot Casually Order a Spouse’s Medical Examination to Assess Mental Health  ||  Bombay HC: Child Care Leave Protects Motherhood and Denial Violates Rights of Mother and Child  ||  Supreme Court: Amalgamating Company Loss Cannot be Set Off Against Amalgamated Income    

Approval of plan for transfer of assets by Air India Limited to AI Assets Holding Limited- (Ministry of Finance ) (25 Jan 2022)

MANU/NMIC/0021/2022

Commercial

The Central Government hereby approves the following as plan approved by the Central Government for transfer of assets by Air India Limited to AI Assets Holding Limited:

1. The Restated Framework Agreement entered into by and between Air India Limited ("AI") and AI Assets Holding Limited (formerly known as Air India Assets Holding Limited) ("AIAHL") dated 05 January 2022;

2. The Framework Agreement entered into by and between AI and AIAHL dated 23 November 2020 (to the extent not substituted by the Restated Framework Agreement dated 05 January 2022),

3. The Share Purchase Agreement dated 25 October 2021 executed for the strategic disinvestment of AI (to the extent of the transactions agreed between AI and AIAHL); and

4. any agreement or instrument entered into to give effect the foregoing.

in each case including transactions agreed therein but completed post AI ceasing to be a public sector company.

Tags : APPROVAL   TRANSFER   ASSETS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved