GVK has taken its South African partner Bidvest in Mumbai International Airport (MIAL) to the court to stop them from selling their 13.5 per cent shares in MIAL to a third party.
Bidvest claimed that GVK had to complete the acquisition of its 162 million equity shares in MIAL within 30 days of the offer. In this case, the offer was made on Mar 4, 2019.
