{"id":275124,"date":"2019-05-20T04:51:45","date_gmt":"2019-05-20T04:51:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275124"},"modified":"2019-05-20T04:51:45","modified_gmt":"2019-05-20T04:51:45","slug":"jet-airways-board-dysfunctional-as-etihads-nominee-director-quits","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-board-dysfunctional-as-etihads-nominee-director-quits\/","title":{"rendered":"Jet Airways board dysfunctional as Etihad&#8217;s nominee director quits"},"content":{"rendered":"<p>Robin Kamark, Etihad&#8217;s nominee director, has resigned from the board of Jet Airways. Kamark&#8217;s resignation makes Jet&#8217;s board dysfunctional as it has only two members now. According to section 149 of the Companies Act, a board of a public company must comprise a minimum of three members and now Jet is non-compliant under this rule. <\/p>\n<p>The resignation comes close on the heels of senior management exits at Jet Airways and a week after Etihad Airways submitted a conditional offer to invest in the airline. <\/p>\n<p>Etihad did not comment on Kamark&#8217;s resignation. A source said there was no change in Etihad&#8217;s position on investing in Jet and Kamark&#8217;s exit was more about safeguarding him from any possible action for non-compliance or violations by the airline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robin Kamark, Etihad&#8217;s nominee director, has resigned from the board of Jet Airways. Kamark&#8217;s resignation makes Jet&#8217;s board dysfunctional as it has only two members now. According to section 149 of the Companies Act, a board of a public company must comprise a minimum of three members and now Jet is non-compliant under this rule. The resignation comes close on the heels of senior management exits at Jet Airways and a week after Etihad Airways submitted a conditional offer to invest in the airline. Etihad did not comment on Kamark&#8217;s resignation. A source said there was no change in Etihad&#8217;s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-275124","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=275124"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275124\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}