Rahul Bhatia takes IndiGo feud to US courts

MUMBAI: The feud between IndiGo’s founders has now reached the US courts, with co-founder Rahul Bhatia seeking a legal order from a Maryland court to retrieve correspondence from Indigo independent director Anupam Khanna. Bhatia has alleged that Khanna has been “acting in concert” with co-founder Rakesh Gangwal.

The “documentary and testimonial evidence”, specifically Khanna’s correspondence with Gangwal since July 2018, will be used in a separate case filed by Bhatia in the London Court of International Arbitration.

Bhatia has accused Gangwal of breaching the shareholders’ agreement between them and of causing losses to him by making the dispute between them public in July 2019. The Indigo shares fell 10.73% after the dispute broke in public, Bhatia has said. Further losses are expected to accrue as a result of Gangwal’s alleged misconduct, the petition said