Adani Group moves Bombay HC seeking to stop investment into GVK Airport Holdings

According to GVK’s counsel, a deposit of around Rs 1,254 crore was made into an escrow account on October 29. The Adani Group on Tuesday moved the Bombay High Court (HC) seeking to restrain the GVK Group from completing an investment transaction of GVK Airport Holdings, the holding company of Mumbai International Airport (MIAL), without first giving a notice on right-of-first-refusal (RoFR) to Bid Services Division (Mauritius), which holds 13.5% in the airport. The move follows GVK’s announcement last week that a subsidiary of National Infrastructure Investment Fund (NIIF), Abu…

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Dengue Prevention: HC Asks UP Chief Secretary About Action Taken

The Allahabad High Court today directed Uttar Pradesh Chief Secretary Rahul Bhatnagar to file his personal affidavit explaining what action has been taken by the government for prevention of dengue and what are the steps proposed. Bhatnagar was present before the court as per its earlier order and gave the required information. The action taken report (ATR) by him has to be filed on November 16. The court also directed him that all its orders should be complied with while once again summoning the Principal Secretary (medical and health) and…

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