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The Times of India
The Times of India
Business
PTI

Govt puts Pawan Hans sale on hold over NCLT order against winning consortium member

NEW DELHI: The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday.

Last month, the government selected M/s Star9 Mobility Pvt Ltd, a consortium of M/s Big Charter Private Ltd, M/s Maharaja Aviation Private Ltd and M/s Almas Global Opportunity Fund SPC, as the winning bidder for Pawan Hans.

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