The police, who suspect insiderhand, will issue a notice to HAL asking for details as it not the first time for public sector unit.
HAL chief also brushed aside the remarks of Minister of State for External Affairs V K Singh on Mirage 2000 crash, saying the incident was not the way it was reported in the media.
The Bengaluru-based HAL has been assembling and overhauling Su-30 fighter aircraft at its Ozar unit in Maharashtra's Nasik district since 2004.
A bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna said there cannot be a judicial inquiry into such mishappenings.
On February 1, two pilots were killed after a Mirage trainer jet crashed during take-off at the Hindustan Aeronautics Limited airport in Bengaluru.
Sources said HAL authorities had given financial power to the senior manager for issuing cheques to different agencies up to Rs 1 lakh in a month, but he misappropriated his official position.
HAL’s 83 LCA Tejas proposal non-compliant with tender requirements, IAF to take matter to Defence Ministry
The top commanders of the force during their commanders’ conference in October last year had told HAL to rectify the problems in the tender proposal and get back with the right response.
The company had clarified on Sunday that the orders for 83 light combat aircraft and 15 light combat helicopters were in advanced stages and that HAL’s finances are expected to improve.
Nirmala Sitharaman said that over Rs 26,000 crore worth of contracts have been awarded and work amounting to Rs 73,000 crore are in the pipeline.
Party spokesperson Manish Tewari said the Congress will press for her resignation in case she fails to substantiate her claim in Parliament that HAL was given contracts worth Rs one lakh crore.
Rafale had been taken away from HAL, and "now to complete the job, the suit-boot friend needs people who are in HAL.
The year-wise data on profit and net revenue of the HAL was presented to Lok Sabha by Minister of State for Defence Subhash Bhamre while replying to a question.
The light utility helicopter (LUH) of Hindustan Aeronautics Limited (HAL) took another step towards being inducted in the Armed Forces after its third prototype completed its maiden flight recently.
HAL, he said, was expecting more orders in the next 3-6 months which will ensure a comfortable order book position for the firm.
According to sources, the study is expected to be completed in three months after which the reports will be sent to the respective state governments.