Third claim rears head in Ambanis’ fight

Mumbai: At A time when the Ambani brothers are locked in battle to acquire the deed of a plot to construct a hangar at the Chhatrapati Shivaji International Airport, the GVK-led consortium modernising the airport has said to the Bombay High Court it needs the land in question for a runway.
The Anil Ambani group company Reliance Transport and Travels Private Limited had approached the high court in January, claiming rights to the title of the property at the airport.
It had sought that the Airports Authority of India be restrained from entering into a lease agreement with Reliance Industries of the Mukesh Ambani group to construct the hangar.
On Wednesday counsel for the Mumbai International Airport Limited, the GVK-led consortium that has given the airport a new look, told the court it planned to construct a new runway and was itself in need of the entire plot the Ambanis were fighting over.
In January the high court had granted interim relief to Reliance Transport and Travels, but Justice A.P. Deshpande now did not extend the relief restraining Airports Authority of India from entering into a deed.
24/04/08 Urvi Mahajani/Hindustan Times

To Read the News in full at Source, Click the Headline

Categories: Airports Apr 2008