Singapore High Court

  • GMR seeks over $800 million from Maldives 16-12-2012 04:20 PM

    Male: Indian infrastructure firm GMR will seek a compensation of over $800 million from Maldives for the termination of its airport deal but Male is insisting on a "forensic audit" as it feels the actual amount would be less than half. "We have sent a letter to the Maldivian government...
  • MACL takes over airport operations from GMR 08-12-2012 12:46 AM

    Male: Maldives' state-run MACL on Friday night took over the operations of the Male international airport from GMR after the Indian infrastructure major lost a week-long legal battle over the "unilateral" termination of its $ 511 million airport modernisation contract. "Maldives Airport Company Limited has taken over the operations of...
  • Will handover airport to MACL at midnight: GMR 07-12-2012 09:43 PM

    Male: The Maldives government is poised to take over the Male International Airport with GMR agreeing to meet the midnight deadline to hand over the operations after the Indian infrastructure major lost a week-long legal battle. "MACL will officially take over the operations of the airport at midnight. A handing...
  • Maldives firm on GMR contract cancellation 04-12-2012 09:13 PM

    New Delhi/Male: In the standoff between Maldives and India over the GMR managed airport, Male is adamant that the contract will not be revived, and that it will take control of the airport by December 8. Reacting to the development, the Indian government is now taking matters in its own...
  • India freezes aid to Maldives, ties under stress 03-12-2012 11:25 PM

    Singapore/Male/New Delhi: In a move to put pressure on Male, India has frozen aid to the Maldives as its government on Monday decided to take control of the international airport despite a Singapore court staying the suspension of the contract given to India's GMR-led consortium. The High Court of Singapore...