Appearing before a bench of Chief Justice NV Ramana and Justice Manmohan, Solicitor General Mohan Parasaran said: Nothing will happen till then.
The senior law officer was answering a query on the government's stand on Swamys plea. Raising objection to the maintainability of the plea, Parasaran said a PIL cannot be maintained on such an issue as the policy does not affect the general public.
Referring to the government's affidavit, the bench said no final decision has been taken on the approval of the deal. However, Swamy argued that the government has made a relaxation in the FDI policy because of cash scarcity in the aviation sector.
During the hearing, Swamy informed the bench that the Centre is scheduled to take decision on the AirAsia deal on December 11.
After hearing the parties, the bench fixed December 11 for further hearing of the matter. Swamy, in his plea, has sought a direction for restraining Centre from taking any decision or granting any other approval contrary to the applicable FDI policy and DGCA guidelines or granting any approval for FDI by a foreign airline in a greenfield airline project.