{"id":440988,"date":"2021-10-09T09:54:19","date_gmt":"2021-10-09T04:24:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440988"},"modified":"2021-10-09T10:01:43","modified_gmt":"2021-10-09T04:31:43","slug":"hc-rejects-indigo-co-promoter-gangwals-plea-on-directive-to-call-for-egm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hc-rejects-indigo-co-promoter-gangwals-plea-on-directive-to-call-for-egm\/","title":{"rendered":"HC rejects IndiGo co-promoter Gangwal&#8217;s plea on directive to call for EGM"},"content":{"rendered":"<p>IndiGo co-promoter Rakesh Gangwal\u2019s petition seeking a direction to his partner Rahul Bhatia and his firm Interglobe Enterprises to conduct an Extra Ordinary General Meeting was disposed of by the Delhi High Court on Friday.<\/p>\n<p>Gangwal\u2019s petition was in reference to the ruling by London Court of Arbitration that the company\u2019s Article of Association be amended to scrap a provision that gives the right of first refusal to both the promoters over each other\u2019s shares in the company.<\/p>\n<p>The court said that the arbitration order itself has allowed 90 days to implement the directions and pass any directions now as Bhatia may want to challenge the arbitration order.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo co-promoter Rakesh Gangwal\u2019s petition seeking a direction to his partner Rahul Bhatia and his firm Interglobe Enterprises to conduct an Extra Ordinary General Meeting was disposed of by the Delhi High Court on Friday. Gangwal\u2019s petition was in reference to the ruling by London Court of Arbitration that the company\u2019s Article of Association be amended to scrap a provision that gives the right of first refusal to both the promoters over each other\u2019s shares in the company. The court said that the arbitration order itself has allowed 90 days to implement the directions and pass any directions now as [&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-440988","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\/440988","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=440988"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440988\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}