{"id":295003,"date":"2019-10-04T12:21:19","date_gmt":"2019-10-04T06:51:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295003"},"modified":"2019-10-04T12:21:19","modified_gmt":"2019-10-04T06:51:19","slug":"indigo-promoters-tiff-lands-in-court-of-arbitration","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-promoters-tiff-lands-in-court-of-arbitration\/","title":{"rendered":"Indigo promoters\u2019 tiff lands in court of arbitration"},"content":{"rendered":"<p>Even as the dispute between the co-promoters of IndiGo \u2014 Rahul Bhatia and Rakesh Gangwal \u2014 continues before the Securities and Exchange Board of India (Sebi) and the ministry of corporate affairs (MCA), the matter has also moved for arbitration at the London Court of International Arbitration.<\/p>\n<p>Bhatia has invoked arbitration seeking \u201cdamages\u201d from partner Gangwal for non-compliance of shareholders agreement (SHA) and articles of association (AoA). In a regulatory filing, InterGlobe Aviation, which runs IndiGo Airlines, said Bhatia and his InterGlobe Enterprises (IGE) have submitted a request for arbitration to the London Court of International Arbitration (LCIA) on October 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as the dispute between the co-promoters of IndiGo \u2014 Rahul Bhatia and Rakesh Gangwal \u2014 continues before the Securities and Exchange Board of India (Sebi) and the ministry of corporate affairs (MCA), the matter has also moved for arbitration at the London Court of International Arbitration. Bhatia has invoked arbitration seeking \u201cdamages\u201d from partner Gangwal for non-compliance of shareholders agreement (SHA) and articles of association (AoA). In a regulatory filing, InterGlobe Aviation, which runs IndiGo Airlines, said Bhatia and his InterGlobe Enterprises (IGE) have submitted a request for arbitration to the London Court of International Arbitration (LCIA) on October [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-295003","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}