{"id":299298,"date":"2019-11-04T11:22:15","date_gmt":"2019-11-04T05:52:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299298"},"modified":"2019-11-04T11:22:15","modified_gmt":"2019-11-04T05:52:15","slug":"air-india-invites-bids-from-law-firms-to-review-business-contracts-legal-labour-issues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-invites-bids-from-law-firms-to-review-business-contracts-legal-labour-issues\/","title":{"rendered":"Air India invites bids from law firms to review business contracts, legal, labour issues"},"content":{"rendered":"<p>Flag carrier Air India is looking to hire a law firm for due diligence process for proposed disinvestment of its three businesses \u2014 Air India Ltd, Air India Express Ltd, and Air India SATS Airport Services Ltd. Air India has invited bids from law firms to review and summarise \u201cmaterial contracts entered into by AI entities\u201d, \u201call cases filed by or against the AI entities\u201d and highlight liabilities, if any in these cases, along with \u201call labour-related issues,\u201d according to the tender available on the website. The last date for submitting bids by law firms is November 8, 2019.<\/p>\n<p>The area of diligence spans across the group\u2019s contracts valued over Rs 50 crore including service level agreements, aircraft lease agreements, fuel agreements, airport lounge facilities agreement etc., along with licenses obtained or returns filed under labour legislation from 2016 onwards, employee benefits, employment-related agreements and labour law disputes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flag carrier Air India is looking to hire a law firm for due diligence process for proposed disinvestment of its three businesses \u2014 Air India Ltd, Air India Express Ltd, and Air India SATS Airport Services Ltd. Air India has invited bids from law firms to review and summarise \u201cmaterial contracts entered into by AI entities\u201d, \u201call cases filed by or against the AI entities\u201d and highlight liabilities, if any in these cases, along with \u201call labour-related issues,\u201d according to the tender available on the website. The last date for submitting bids by law firms is November 8, 2019. The [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-299298","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299298"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299298\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}