{"id":286602,"date":"2019-08-08T05:06:38","date_gmt":"2019-08-08T05:06:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286602"},"modified":"2019-08-08T05:06:38","modified_gmt":"2019-08-08T05:06:38","slug":"gangwals-fear-bhatia-group-could-push-questionable-decisions-does-no-credit-to-directors-damodaran","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gangwals-fear-bhatia-group-could-push-questionable-decisions-does-no-credit-to-directors-damodaran\/","title":{"rendered":"Gangwal&#8217;s fear Bhatia group could push questionable decisions does no credit to directors: Damodaran"},"content":{"rendered":"<p>NEW DELHI: Amid the ongoing feud between promoters, IndiGo Chairman M Damodaran has said Rakesh Gangwal&#8217;s apprehension that Rahul Bhatia&#8217;s group could push through questionable decisions after board expansion does no credit to the fiduciary responsibilities of directors.<\/p>\n<p>In a letter to the board of InterGlobe Aviation on August 5, Gangwal said there are &#8220;serious unresolved issues&#8221; and that proposed changes to the company&#8217;s Articles of Association (AoA) are still an open issue.<\/p>\n<p>The differences between the two promoters came into the public after Gangwal, last month, sought markets regulator Sebi&#8217;s intervention to address alleged corporate governance issues at the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Amid the ongoing feud between promoters, IndiGo Chairman M Damodaran has said Rakesh Gangwal&#8217;s apprehension that Rahul Bhatia&#8217;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 &#8220;serious unresolved issues&#8221; and that proposed changes to the company&#8217;s Articles of Association (AoA) are still an open issue. The differences between the two promoters came into the public after Gangwal, last month, sought markets regulator Sebi&#8217;s intervention to address alleged corporate governance issues at the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-286602","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286602","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286602"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286602\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}