"We think it is unfair, they have acted unilaterally based after hearing just one side of the story," the suspended IBF's President Matoria told PTI.
In a strongly-worded missive, the AIBA terminated India stating that it was not in a position to make a "proper" judgement on how to handle the country's case after receiving conflicting communications from various stakeholders.
The boxers and coaches will, however, continue to remain unaffected by the termination and can participate in international events under the AIBA flag till the time the crisis is unresolved.
"AIBA does not appreciate such meetings, once they got to know such a meeting was held, they terminated the entire federation, which is completely unfair," Matoria said.
AIBA President Ching Kuo Wu said the IBF is unlikely to be re-recognised till the time a new set of officials take charge after fresh elections, the screening of candidates for which would be done by the world body.