News > Air India staff interest protected: Madras High Court
Air India staff interest protected: Madras High Court
12/03/2022 01:18 PM | Click to read full article
The employees union had approached the court last year with a plea to restrain the Centre from disinvesting the air carrier without fully protecting the employee service conditions. Though the disinvestment process got completed in the meantime and the air carrier changed hands in January this year,
The Madras High Court on Friday said, it was “fully convinced” that the Centre had protected the interests of Air India employees “to the hilt” while going for 100% disinvestment of the sinking public air carrier, that could not be revived despite pumping in over ₹1 lakh crore of public money, and handing it over to Talace Private Limited of the Tata Group earlier this year.