IndiGo row: MCA to look if issues are management dispute or companies law violation

NEW DELHI: Amid intensifying spat between IndiGo promoters, a senior official said the Ministry of Corporate Affairs will only look at whether allegations of governance lapses are a management dispute or violation of companies law.

Rakesh Gangwal and Rahul Bhatia — promoters of the country’s largest airline IndiGo — are fighting over corporate governance matters, with Gangwal seeking intervention of markets regulator Sebi to address the issues.

Read more

You may also like

Comments are closed.