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Mumbai: InterGlobe Aviation, parent of India’s largest airline Indigo, has settled a case with the Securities and Exchange Board of India(Sebi) for alleged violation of corporate governance norms by paying Rs 2.10 crore as settlement charges. The capital markets regulator said pending adjudication proceedings,
InterGlobe Aviation proposed to settle the instant proceedings initiated against it, without admitting or denying the findings of fact and conclusions of law, through a consent order. ET reported on Tuesday that InterGlobe had moved Sebi to settle the violation through the consent process.
The capital markets regulator said in its order on Tuesday, Rakesh Gangwal, co-founder of InterGlobe Aviation, had in his complaint alleged several violations including non-compliance of corporate governance norms by the company, related party transactions(RPT) between InterGlobe Aviation and the IGE Group, delay in disclosure of important information to the comp ....

New Delhi , Rahul Bhatia , Rakesh Gangwal , Sebi High Powered Advisory Committee , Party Transactions Rpts , Interglobe Aviation , Adjudicating Officer , Show Cause Notice , High Powered Advisory Committee , Whole Time Members , Related Party Transactions , Red Herring Prospectus , Indigo Corporate Governance Case , Alleged Corporate Governance Lapses , Sebi Order , புதியது டெல்ஹி , ராகுல் பாட்டியா , ராகேஷ் கேங்வால் , இன்டர்லோப் விமான போக்குவரத்து , காட்டு காரணம் அறிவிப்பு , முழு நேரம் உறுப்பினர்கள் , தொடர்புடையது கட்சி பரிவர்த்தனைகள் , சிவப்பு ஹெர்ரிங் ப்ரோஸ்பெக்டஸ் , இண்டிகோ பெருநிறுவன ஆளுகை வழக்கு , செபி ஆர்டர் ,