As the Tata is a major partner of the AirAsia India venture, the Civil Aviation Ministry is keeping a keen eye on the chaos in the conglomerate company of the nation. Each development happening in the relation to the prospects of the Tata Sons group is been valued by the analysts of the CAM to manage further coming actions.
"We are waiting for any input from any quarter," Civil aviation secretary RN Choubey said, adding "we have not received anything so far".
Mistry raised "ethical concerns" in Tata group's aviation joint venture with AirAsia and alleged that forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent entities in India and Singapore.
"If anything new is brought to the ministry attention, appropriate authorities will look into it," another civil ministry official said on Mistry's allegations against AirAsia India.
