LUCKNOW: A Lucknow district court on Friday adjourned hearing in the Jet Airways-Air Sahara arbitration case to July 29.

Until then, the June 21 and 23 interim orders restraining Jet Airways from operating a Rs. 1,500-crore escrow account with ICICI bank and selling Air Sahara's shares worth Rs. 500 crore would continue, said judge Shiv Charan Sharma.

A Rs. 2,300-crore deal for Jet Airways taking over the other airline failed to come through.

On a supplementary affidavit filed by Sahara, counsel for Jet Airways sought time to submit a rejoinder. The judge fixed July 22 for filing the rejoinder and a reply. Earlier, counsel said a Jet Airways petition in the Supreme Court for transferring the case to the Bombay High Court was likely to be taken up in the next few days.

`No jurisdiction'

Sahara counsel said the Bombay High Court had no jurisdiction to hear the maintainability of the petition. Arguments might continue in the Lucknow court on the maintainability of Sahara's petition, as filing a transfer petition would not amount to a stay order.

However, both counsel agreed that the hearing might be extended in the light of the filing of the transfer petition. Mr. Justice Sharma said: "In order to avoid duplicity, this court must wait for the Supreme Court order."

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