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The company's shareholders had rejected a similar proposal in an EGM last year, called at the behest of one of the founders Rakesh Gangwal. Gangwal and his partner Rahul Bhatia have been locked in a bitter feud over several clauses in the shareholders' agreement drawn up at the time of IndiGo's inception and later amended.
from Markets-Economic Times https://ift.tt/3lGTSNH
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