An Airbus SAS A320 aircraft operated by IndiGo. (Photographer: Dhiraj Singh/Bloomberg)
Rakesh Gangwal, co-promoter of InterGlobe Aviation Ltd., the publicly listed parent of IndiGo, has moved the Delhi High Court to seek enforcement of an arbitral award in his shareholder dispute with co-promoter Rahul Bhatia.While the move is pre-emptive it could also determine whether the two-year-long dispute between the founders will close amicably or fester further. The petition's success may also decide the future ownership of In...