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Akshaya Patra's governance in question as 4 independent directors resign

The four who quit include former Infosys CFOs Mohandas Pai and V Balakrishnan, Raj Kondur, co-founder of Chrys Capital, and Abhay Jain, adviser to Manipal Education & Medical Group

Mohandas Pai: Right to speak
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Mohandas Pai

BS Web Team New Delhi
Four prominent independent directors have resigned from non-profit organisation Akshaya Patra Foundation (APF) due to differences between them and the APF's chair and vice-chairman, Times of India reported. According to the report, the differences were in the relationship between the organisation and certain temple trusts. 

The four who quit — former Infosys CFOs Mohandas Pai and V Balakrishnan, Raj Kondur, co-founder of Chrys Capital, and Abhay Jain, adviser to Manipal Education & Medical Group — wanted to keep a distance from the temple trusts.  

Times of India reported that several rounds of discussions to address issues hit a stalemate. APF

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First Published: Nov 16 2020 | 9:01 AM IST

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