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IndiGo founders working towards a compromise deal: Reports
short by Dharna / on Tuesday, 23 July, 2019
IndiGo Co-Founders Rakesh Gangwal and Rahul Bhatia, involved in a dispute, are reportedly working towards a compromise. Reports said both parties are discussing the board's composition which will be expanded up to 10 members and a mechanism where related party transactions (RPT) would need independent directors' approval. Gangwal had accused Bhatia of entering into "questionable" RPTs with IndiGo.
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