{"id":299760,"date":"2019-11-07T10:10:09","date_gmt":"2019-11-07T04:40:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299760"},"modified":"2019-11-07T10:19:20","modified_gmt":"2019-11-07T04:49:20","slug":"bombay-hc-refuses-to-block-bidvest-from-selling-off-13-5-stake-in-mial","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bombay-hc-refuses-to-block-bidvest-from-selling-off-13-5-stake-in-mial\/","title":{"rendered":"Bombay HC refuses to block Bidvest from selling off 13.5% stake in MIAL"},"content":{"rendered":"<p>In a setback for Adani Group, the Bombay High Court has refused to restrain South African company Bidvest from selling its 13.5 per cent stake in Mumbai International Airport (MIAL) to a third party, including GVK Group. <\/p>\n<p>Adani Group, had in September, moved court seeking execution of a share purchase agreement it signed with Bidvest and restrain it from selling stake in the airport to a third party. On Wednesday, Justice A K Menon declined interim relief to Adani Group. The order gives a fillip to GVK Group, which recently announced fundraising of Rs 7,600 crore to block Adani Group from entering Mumbai airport.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a setback for Adani Group, the Bombay High Court has refused to restrain South African company Bidvest from selling its 13.5 per cent stake in Mumbai International Airport (MIAL) to a third party, including GVK Group. Adani Group, had in September, moved court seeking execution of a share purchase agreement it signed with Bidvest and restrain it from selling stake in the airport to a third party. On Wednesday, Justice A K Menon declined interim relief to Adani Group. The order gives a fillip to GVK Group, which recently announced fundraising of Rs 7,600 crore to block Adani Group [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-299760","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299760","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299760"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299760\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}