AAI Wins Arbitration Case After Judge Rejects Plea by Consortium
Airports Authority of India (AAI) won a Rs 3,000-crore arbitration case after Justice SS Nijjar found no merit in a consortium's claim that the airport regulator deliberately breached ground handling rules.
The agreement between the consortium — Bhadra International India and Novia International Consulting APS — and AAI does not give exclusive rights to the two entities to provide ground-handling services, Justice Nijjar said, adding that rules do not limit the number of ground-handling services providers at the airports.
The consortium had filed two separate arbitrations for Chennai and Kolkata airports and a few airports in south India, claiming a collective amount of more than Rs 3,000 crore after accusing AAI of not complying with Ground Handling Regulations, 2007.