News: Anil Ambani group loses airport rejig case
(PTI 21/04/2006) New Delhi - Anil Ambani-owned Reliance Airport Developers suffered a setback today with the Delhi High Court upholding the government’s decision to allot Delhi and Mumbai airports' modernisation work to rival bidders - GMR and GVK led consortia, respectively.
Dismissing the Reliance petition, a Bench, comprising Justice Tirath Singh Thakur and Justice B N Chaturvedi, held that the government’s action was in no way "discriminatory, illogical or illegal".
However, the Bench at the request of the Reliance counsel ordered that the two consortia would not claim any equity or implement the contract during the next two weeks to enable the petitioner to file an appeal in the Supreme Court.
Dismissing the Reliance petition, a Bench, comprising Justice Tirath Singh Thakur and Justice B N Chaturvedi, held that the government’s action was in no way "discriminatory, illogical or illegal".
However, the Bench at the request of the Reliance counsel ordered that the two consortia would not claim any equity or implement the contract during the next two weeks to enable the petitioner to file an appeal in the Supreme Court.
posted by InCar Group Press Room at 15:25
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