• SENSEX
    NIFTY 50
Aviation

Gangwal-Bhatia fight reaches the US; IndiGo files litigation in Florida, Maryland

Updated : October 17, 2019 04:49 PM IST

Media report says the airline and Bhatia, group managing director, InterGlobe Aviation told the court in Florida that they are seeking information related to shareholders' agreement between IndiGo, InterGlobe Enterprises, the Bhatia family and the American billionaire Gangwal.
The report further said a similar case filed in a court in Maryland is seeking information from Anupam Khanna, an independent director at the airline.
Earlier this year, Bhatia, in the London Court of International Arbitration (India), accused Gangwal of undertaking a destructive and a very public campaign to dilute their controlling rights in the airline.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV