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Captain Gopinath: How the IndiGo promoter feud can be used to clean up India’s corporate governance mess

Updated : September 05, 2019 01:38 PM IST

It’s not the Prime Minister’s job to be an arbiter in an individual dispute between two owners of a  'dukaan’ —  the word used by Gangwal.
The heart of the matter is governance and not the resolution of friction between Gangwal and Bhatia.
While Sebi is well within rights to act on the complaints of the IndiGo promoters, the issue is bigger and the regulator must address it in the interests of governance than just getting bogged down with complaints by the IndiGo promoters. 
Captain Gopinath: How the IndiGo promoter feud can be used to clean up India’s corporate governance mess
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