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Cyrus Mistry's affidavit reveals gross irregularities in AirAsia India

Documents filed by Cyrus Mistry show why AirAsia India may have sacked its former CFO

Thewire
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Thewire

The Wire Staff New Delhi
A set of e-mails between former Tata Sons Chairman Cyrus Mistry and Tata Sons group legal counsel Bharat Vasani show that irregularities in the manner which AirAsia India was being managed started as early as March 2014, three months before it launched its maiden flight in India.

The emails – which are attached to a fresh affidavit filed by Mistry with the National Company Law Tribunal on January 21, 2017 – show that the mounting irregularities prompted Vasani,  frustrated over his inability to push the board into making quick changes, into resigning from his secondary position as a board member

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