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H.P.Dubey

H.P.Dubey

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What is the Condition Imposed on” Jet-Etihad deal” in India

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  1. eAnswers Team

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    Added an answer on August 1, 2018 at 11:41 am

    Jet-Etihad Deal has been approved by the government of India but under certain conditions. And some of the main conditions are :-
    >>Any dispute between these two countries will be settled under Indian law instead of English common law.
    >>They need to obtain prior FIPB approval for any change in the shareholding structure.
    >>Etihad will now have two directors on the 12-member board, with Jet gets four, giving the Indian promoters more authority.

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