The onus is now on the management and Sebi to probe the allegations, which appear to be serious in nature,” said Shriram Subramanian, founder of InGovern Research, a proxy advisory firm. “The management has not been proactive in highlighting the disagreement between the two promoters and now the hope of a peaceful reconciliation is completely out of the picture.

https://www.livemint.com/companies/news/indigo-co-promoter-rakesh-gangwal-seeks-sebi-s-intervention-for-grievances-1562677666030.html