Why air india is in debt

While Commodore Batra stressed that the information should be made public since Air India is a cash-strapped airline and delay in settling these bills would also include sizeable interest figures, which needs to be paid at the expense of tax payers’ money, the MEA pleaded exemption saying the information sought by him is scattered in various files and the collation would involve diversion of its resources, thereby affecting its normal functions. … [Read more...] about Disclose Details Of Air India Bills For PM’s Foreign Trips From FY 2013-14: CIC Tells MEA [Read Order]

“As the eight-month-old infant had been crying the distressed mother removed the child’s clothes and found numerous bite marks all over,” the source said, adding that a part of the duvet was filled with blood stains. “They were on seats next to each other. Bed bugs were seen crawling even on the white tablecloth while it was being cleared.” … [Read more...] about Beg Bugs On Plane Bite Flight Passenger, Leaves Rashes On Body [Report]

The incident came on the same day another pilot and Air India's chief of operations, Captain AK Kathpalia, was grounded because he failed to clear two breathalyzer tests, conducted in a span of 20 minutes apart, hours before he was to operate the airline's AI-111 flight to London from New Delhi on Sunday afternoon. … [Read more...] about Pilot Skipped Breathalyzer Test Before Flight, Plane Called Back After Takeoff

DVB was an acquisition financier for two A320-232 aircraft. DVB sought to deregister and gain possession of its aircraft after Kingfisher began its financial collapse. DVB successfully repossessed one of its aircraft, as it was outside of India, but faced difficulty in the deregistration process. Kingfisher objected to the deregistration of the aircraft, claiming that it had ownership rights. This objection led DVB to sue DGCA and Kingfisher. Kingfisher argued that it had purchase option and an acquired equity interest in the aircraft through payment of rent to the lessor under the lease agreement.[7] … [Read more...] about Aircraft Deregistration and Repossession in India: Lessons from Kingfisher and SpiceJet

The first condition is that a person should lawfully do something for another person or deliver something to him. The second condition is that in doing the said thing or delivering the said thing he must not intend to act gratuitously The third is that the other person for whom something is done or to whom something is delivered must enjoy the benefit thereof In Mafatlal Industries v. Union of India, (1997) 5 SCC 536, a nine bench of the Supreme Court elaborated on the law of unjust enrichment and used it to affirm the right of an assessee to recover the excess taxes that was paid by him under mistake of law. However, if the assessee has passed the burden to the customer then the same cannot be refunded as the assessee cannot be allowed to make a profit under the law of restitution. … [Read more...] about Exploring The Law Of Unjust Enrichment In India