The Supreme Court on Friday refused to entertain a plea by BJP leader Subramanian Swamy seeking stay on further approvals to the proposed airline venture between Malaysia's AirAsia and Tata Group.



The Delhi High Court had earlier declined interim relief to Mr Swamy, who challenged AirAsia deal in the court. Mr Swamy argued that the AirAsia deal is illegal and against the government's policy.



The Supreme Court directed Delhi High Court, where the issue is pending, to expedite the case. The top court said the AirAsia deal is subject to the outcome of the High Court decision.





In April last year, the Foreign Investment Promotion Board had approved the $30 million, or nearly Rs 180 crore, deal to launch AirAsia India.AirAsia had entered into an agreement last year with Tata Sons and Telestra Tradeplace to set up a joint venture for passenger airline business in India.