New Delhi: Amid the ongoing feud between promoters, IndiGo Chairman M Damodaran has said Rakesh Gangwal’s apprehension that Rahul Bhatia’s group could push through questionable decisions after board expansion does no credit to the fiduciary responsibilities of directors.
In a letter to the board of InterGlobe Aviation on August 5, Gangwal said there are “serious unresolved issues” and that proposed changes to the company’s Articles of Association (AoA) are still an open issue.
