Cornered by court, politics, GMR says will hand over airport ops at midnight to Maldives
Agencies: Male, Dec 07 2012, 20:55 IST
1 this year but a local civil court had struck down the proposal in December last year.
After that, the then government headed by Nasheed agreed to compensate GMR against the levy. However, the decision was reversed by the new regime early this year, leading to GMR filing for arbitration in a Singapore court.
GMR claims that it has dues of over USD 3 million on the Maldivian government.
Previous Story Quantum MF says no redemption pressure in its equity funds Next Story Italian fund pips Mahindra & Mahindra, buys 37.5% stake in Aston Martin
Reader's Comments| Post a Comment
Be the first to comment.



