{"id":324702,"date":"2020-01-29T11:52:42","date_gmt":"2020-01-29T06:22:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=324702"},"modified":"2020-01-29T11:53:15","modified_gmt":"2020-01-29T06:23:15","slug":"gvk-airport-holdings-case-sc-refuses-to-give-any-relief-to-bidvest-arm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gvk-airport-holdings-case-sc-refuses-to-give-any-relief-to-bidvest-arm\/","title":{"rendered":"GVK Airport Holdings case: SC refuses to give any relief to Bidvest arm"},"content":{"rendered":"<p>The Supreme Court on Tuesday refused to give any relief to South African firm Bid Services Division (Mauritius) \u2013 a subsidiary of Bidvest Group \u2013 and asked it to move the Delhi High Court against the arbitration tribunal\u2019s interim order that restrained it from transferring its 13.5% stake in GVK Airport Holdings, the main holding company for the Mumbai International Airport (MIAL).<\/p>\n<p>A Bench led by Justice R Bhanumati, while disposing of the Bid Services\u2019 plea, asked it to move the HC against the order of the arbitral tribunal, which had restrained any transfer of stake till \u201cfinal disposal\u201d of the arbitration proceedings. It also urged the HC to expeditiously consider Bid Services\u2019 plea for interim relief.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Tuesday refused to give any relief to South African firm Bid Services Division (Mauritius) \u2013 a subsidiary of Bidvest Group \u2013 and asked it to move the Delhi High Court against the arbitration tribunal\u2019s interim order that restrained it from transferring its 13.5% stake in GVK Airport Holdings, the main holding company for the Mumbai International Airport (MIAL). A Bench led by Justice R Bhanumati, while disposing of the Bid Services\u2019 plea, asked it to move the HC against the order of the arbitral tribunal, which had restrained any transfer of stake till \u201cfinal disposal\u201d of [&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-324702","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\/324702","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=324702"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324702\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=324702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=324702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=324702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}