No way Possible
The AO permit of Paramount has been expired. There is no way even if the MOCA or DGCA decides to reinstate the airline because Embraer and GCAS has filed cases against them. IDBI bank has recommended for a CBI enquiry in the High court of chennai in their case against Paramount. According to a senior Personnel in IDBI, they are trying to attach the personal properties of Mr Thyagarajan to recover the 450 crores which they have funded. But as of now Mr Thyagarajan has shifted his properties to his kith & Kin............
There are other nationalized banks which are also wanting a CBI probe.......
Shame on Indian enterpranuers......He started & paved the way for others like Mr.Mallya.......