 "We have to move as per the law: Antony on AgustaWestland")
Defence Minister A.K Antony on Wednesday said AgustaWestland has been given 21 days to reply to the showcause notice for cancelling its contract worth Rs 3,600 crore for supplying 12 choppers to the Air Force, and said all will be done as per the law.
"We have to move as per the law. They have violated the contract," said Antony.
""We have given them 21 days. You wait (to the media)," he added.
The Defence Ministry has issued a final show cause notice to AgustaWestland for cancelling its contract worth Rs 3,600 crore for supplying 12 choppers to the Air Force for "violating" the terms of its contract.
The notice was issued by the Ministry on October 21 in which it has asked the Anglo Italian firm to explain why "all or any action as prescribed, including cancellation of the contract, should not be taken against them for violating the terms of the pre-integrity pact and the contract for procurement of 12 VVIP choppers.
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