IndiGo Feud: Rahul Bhatia Seeks Arbitration In Dispute With Rakesh Gangwal

Budget airline IndiGo said on Tuesday that its promoters InterGlobe Enterprises (IGE) and Rahul Bhatia have approached the London Court of International Arbitration to settle a dispute with another promoter Rakesh Gangwal under the shareholders agreement. According to a regulatory filing on the Bombay Stock Exchange (BSE), IndiGo said that it had been named as a respondent "as it is a party to the shareholders agreement".