{"id":286868,"date":"2019-08-09T05:47:50","date_gmt":"2019-08-09T05:47:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286868"},"modified":"2019-08-09T05:47:50","modified_gmt":"2019-08-09T05:47:50","slug":"indigo-%e2%80%8aco-promoter%e2%80%8a-gangwal-questions-chairman-in-letter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-%e2%80%8aco-promoter%e2%80%8a-gangwal-questions-chairman-in-letter\/","title":{"rendered":"IndiGo \u200aco-promoter\u200a Gangwal questions chairman in letter"},"content":{"rendered":"<p>Mumbai: InterGlobe Aviation Ltd\u2019s co-promoter Rakesh Gangwal has questioned chairman M. Damodaran for not adopting the agreed related-party transactions (RPTs) policy, and calling board and committee meetings after the company\u2019s annual general meeting (AGM) slated for 27 August.<\/p>\n<p>In a 6 August letter addressed to Damodaran, board members of InterGlobe Aviation-run IndiGo and the airline\u2019s chief executive officer Ronojoy Dutta, Gangwal said Damodaran\u2019s sense of urgency to call board and committee meetings after the AGM is \u201cperplexing&#8221;.<\/p>\n<p>\u201cWhat I fail to understand is why all this was not initiated since the last exchange of proposals on July 24, 2019 and why not now and prior to the AGM? Or why the agreed RPT Policy is not being adopted now,&#8221; Gangwal said in his letter, adding that closing the remaining large loophole requires no more than a few days of work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: InterGlobe Aviation Ltd\u2019s co-promoter Rakesh Gangwal has questioned chairman M. Damodaran for not adopting the agreed related-party transactions (RPTs) policy, and calling board and committee meetings after the company\u2019s annual general meeting (AGM) slated for 27 August. In a 6 August letter addressed to Damodaran, board members of InterGlobe Aviation-run IndiGo and the airline\u2019s chief executive officer Ronojoy Dutta, Gangwal said Damodaran\u2019s sense of urgency to call board and committee meetings after the AGM is \u201cperplexing&#8221;. \u201cWhat I fail to understand is why all this was not initiated since the last exchange of proposals on July 24, 2019 and [&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-286868","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\/286868","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=286868"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286868\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}