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IndiGo promoter spat: Bhatia group says Gangwal limited his financial risks


Noting that Gangwal has much to answer, the Bhatia group wondered whether there is sanctity in agreements entered into by business people freely and at their own will

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Rakesh Gangwal & Rahul Bhatia | Illustration by Ajay Mohanty

Asserting that the arrangement between the promoter groups has been transparent from inception at IndiGo, Rahul Bhatia group Sunday claimed that Rakesh Gangwal always limited his financial risks and was making insidious efforts to create an unseemly controversy about corporate governance.

In a reflection ...


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