InterGloble Enterprises (IGE) is said to have started litigation in the American states of Florida and Maryland against Rakesh Gangwal, one of the two co-promoters of IndiGo.
The news about InterGlobe starting arbitration proceedings was put out by LAW 360, a LexisNevis company with its office in New York. The report states IGE has filed litigation in Florida and Maryland as it seeks information for an arbitration proceeding in New Delhi that relates to the power struggle for control over IndiGo.
Interestingly, the arbitration proceedings are going on at the London Court of International Arbitration (LCIA). The proceedings were started by Rahul Bhatia, who is the co-promoter of IndiGo along with Gangwal, on October 1.
