Appearing before a bench of justices B D Ahmed and Vibhu Bakhru, he mentioned that his application for stay should be listed next week as his PIL seeking quashing of permission given to AirAsia for its operations is to come up for hearing on October 30.
Allowing his plea, the bench said, "If you have filed the application then it will automatically be listed on coming Wednesday which is a PIL day."
Also Read
A bench headed by Chief Justice N V Ramana had issued notices to the Centre, Foreign Investment Promotion Board (FIPB) and Commerce and Civil Aviation ministries on September 18 and sought their responses by October 30.
It asked the government to "file an affidavit explaining the government's policy on the issue".
In April, the FIPB gave clearance to the $30 million deal between Malaysia-based AirAsia and Tata Sons.
Swamy's PIL opposes the clearance to the deal on the ground that according to government policy, foreign direct investment (FDI) up to 49 per cent is allowed in existing airlines which are already in operation and not to new or proposed joint ventures.
The policy was brought to boost the aviation industry which was undergoing financial crisis, the petition said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
