Axis Bank starts arbitration process against Maldives govt

Jul 24, 2013, 07.26 PM IST

The names of the arbitrator are likely to be finalised by September. The final hearing, however, will take place in December. Axis Bank had lent around USD 160 million to GMR for Male airport development.

Like this story, share it with millions of investors on M3

Axis Bank starts arbitration process against Maldives govt

The names of the arbitrator are likely to be finalised by September. The final hearing, however, will take place in December. Axis Bank had lent around USD 160 million to GMR for Male airport development.

Like this story, share it with millions of investors on M3

Axis Bank starts arbitration process against Maldives govt

The names of the arbitrator are likely to be finalised by September. The final hearing, however, will take place in December. Axis Bank had lent around USD 160 million to GMR for Male airport development.

Share  .  Email  .  Print  .  A+A-

After GMR lost the Male airport contract, the Axis Bank-led consortium has finally resorted to legal measures to recover their dues. CNBC-TV18 learns that their lead lender Axis Bank has started the arbitration process.

The names of the arbitrator are likely to be finalised by September. The final hearing, however, will take place in December. Axis Bank had lent around USD 160 million to GMR for Male airport development.

This news has just come in and complete details will follow shortly. We can send you an email alert when the details come. Register for your alert here.

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18

Anda sedang membaca artikel tentang

Axis Bank starts arbitration process against Maldives govt

Dengan url

https://kebugaranhidup.blogspot.com/2013/07/axis-bank-starts-arbitration-process.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Axis Bank starts arbitration process against Maldives govt

namun jangan lupa untuk meletakkan link

Axis Bank starts arbitration process against Maldives govt

sebagai sumbernya