SEBI appeals SAT’s ruling favoring Diageo in 2012 open offer case, ET LegalWorld
The Security and Exchange Board of India (SEBI) has served United Spirits Limited with notice of an appeal before the Supreme Court of India against the order of the Security Appellate Tribunal dated July 26, 2023. The Security Appellate Tribunal has allowed an appeal filed by Diageo plc (i.e., the ultimate parent of United Spirits […]
Delhi High Court dismisses AAI’s appeal against arbitration award favoring DIAL, ET LegalWorld
On October 18, The Delhi High Court dismissed the appeal petition filed by the Airport Authority of India challenging the arbitration award in favor of Delhi International Airports Limited, a subsidiary of GMR Airports Limited, according to an exchange filing. DIAL invoked arbitration against AAI with respect to the scope and meaning of the term […]