As rift deepens, IndiGo faces scrutiny of pacts

New Delhi: With the spat between IndiGo co-promoters Rahul Bhatia and Rakesh Gangwal intensifying, markets watchdog Sebi and the Corporate Affairs Ministry have started digging deep into allegations of governance lapses and rule violations that could force the government to override existing arrangements and pacts at InterGlobe Aviation, officials said.

Gangwal has sought Sebi’s intervention into corporate governance lapses at the company.