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\"\"BENGALURU: Former Infosys CFO<\/a> Rajiv Bansal<\/a> has invoked the arbitration clause in his severance contract asking for the rest of his allotted payout, a source with knowledge of the matter said.
\n
Bansal’s severance payout has been at the heart of the governance battle being waged at Infosys<\/a>’ board. When Bansal left in 2015, Infosys had agreed to pay him Rs 17.38 crore as severance, about two years of pay. But the company paid out only about Rs 5 crore before suspending the payments.
\n
\nBansal has invoked his rights to an arbitral tribunal, and former Supreme Court judge RV Raveendran has been appointed sole arbitrator in the case. The first arbitration meeting is scheduled in May, said sources familiar with the development. Law firm Indus Law is representing Bansal, while Nishith Desai Associates is Infosys's counsel in the matter.
\n
\n“Certain payments to Rajiv under the agreement have been suspended pending certain clarifications with regard to such rights and obligations,\" Infosys had said in a statement.
\n
The suspension came as promoters led by NR Narayana Murthy<\/a> questioned the payout. Murthy has gone so far as to the say the severance had the appearance of ‘hush money.’
\n
\nThough Infosys has declined any irregularities, the company admitted that the severance payout was subjective and has since institutionalized a process for granting severance.
\n
\n“The company has already clarified on the severance package for the former CFO Rajiv Bansal through a detailed statement. We do not have anything additional to add at this point,” Infosys said in a statement. News of the arbitration was first broken by The Times of India.
\n
\nBansal did not respond to a call and a message seeking comment.
\n
\n
\n(With TNN inputs)<\/em>
\n\n<\/body>","next_sibling":[{"msid":58276344,"title":"Micromax's Bharat 2 smartphone equips Spreadtrum LTE SoC","entity_type":"ARTICLE","link":"\/news\/micromaxs-bharat-2-smartphone-equips-spreadtrum-lte-soc\/58276344","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58277609,"entity_type":"ARTICLE","title":"Former Infosys CFO Rajiv Bansal demands pending Rs 12 crore of severance pay","synopsis":"When Bansal left, Infy had agreed to pay him Rs 17.38 cr as severance, about two years of pay. But it paid out only about Rs 5 cr before suspending the payments.","titleseo":"telecomnews\/former-infosys-cfo-rajiv-bansal-demands-pending-rs-12-crore-of-severance-pay","status":"ACTIVE","authors":[{"author_name":"Jochelle Mendonca","author_link":"\/author\/479231167\/jochelle-mendonca","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231167.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479231167,"author_name":"Jochelle Mendonca","author_seo_name":"jochelle-mendonca","designation":"Assistant Editor - Enterprise IT","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-04-20 14:33:44","lastupd":"2017-04-20 14:36:03","breadcrumbTags":["Narayana Murthy","Rajiv Bansal","Infosys CFO","Infosys","Infosys row","Rajiv Bansal severance pay","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/former-infosys-cfo-rajiv-bansal-demands-pending-rs-12-crore-of-severance-pay"}}" data-authors="[" jochelle mendonca"]" data-category-name="" data-category_id="" data-date="2017-04-20" data-index="article_1">

前印孚瑟斯首席财务官拉吉夫·邦萨尔需要等待12卢比的遣散费

当邦萨尔离开,Infy同意支付他Rs 17.38 cr,遣散费,约两年的工资。但它支付只有Rs 5 cr之前暂停支付。

Jochelle Mendonca
  • 更新于2017年4月20日下午02:36坚持
注:前印孚瑟斯首席财务官 拉吉夫·邦萨尔调用了遣散费合同中仲裁条款要求的规定支付,相关人士说。

邦萨尔的遣散费支付的核心治理正在展开战斗印孚瑟斯的董事会。2015年邦萨尔离开时,印孚瑟斯同意支付他17.38卢比遣散费,约两年的工资。但是公司只有5卢比支付之前暂停支付。

邦萨尔调用他的权利仲裁法庭,和前最高法院法官房车Raveendran被任命为独任仲裁员。第一次仲裁会议定于今年5月,知情人士说。印度法律律师事务所代表邦萨尔,Nishith德赛Associates是印孚瑟斯的律师。

“某些支付Rajiv根据协议已被停职等待某些澄清关于这样的权利和义务,“印孚瑟斯在一份声明中说。

暂停时,发起人由NR斯瓦米没吃质疑派息。说没吃了到目前为止的遣散费的外表“封口费”。

虽然印孚瑟斯已经拒绝任何违规行为,该公司承认,遣散费支出是主观的,因为制度化过程发放遣散费。

“公司已经澄清的遣散费前首席财务官拉吉夫·邦萨尔通过详细的声明。我们没有任何额外添加在这一点上,“印孚瑟斯在一份声明中说。乐动扑克仲裁的消息首次被《印度时报》打破。

邦萨尔没有回复要求置评的电话和消息。


(TNN输入)
  • 发布于2017年4月20日02:33点坚持
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  • 前印孚瑟斯首席财务官拉吉夫·邦萨尔需要等待12卢比的遣散费
\"\"BENGALURU: Former Infosys CFO<\/a> Rajiv Bansal<\/a> has invoked the arbitration clause in his severance contract asking for the rest of his allotted payout, a source with knowledge of the matter said.
\n
Bansal’s severance payout has been at the heart of the governance battle being waged at Infosys<\/a>’ board. When Bansal left in 2015, Infosys had agreed to pay him Rs 17.38 crore as severance, about two years of pay. But the company paid out only about Rs 5 crore before suspending the payments.
\n
\nBansal has invoked his rights to an arbitral tribunal, and former Supreme Court judge RV Raveendran has been appointed sole arbitrator in the case. The first arbitration meeting is scheduled in May, said sources familiar with the development. Law firm Indus Law is representing Bansal, while Nishith Desai Associates is Infosys's counsel in the matter.
\n
\n“Certain payments to Rajiv under the agreement have been suspended pending certain clarifications with regard to such rights and obligations,\" Infosys had said in a statement.
\n
The suspension came as promoters led by NR Narayana Murthy<\/a> questioned the payout. Murthy has gone so far as to the say the severance had the appearance of ‘hush money.’
\n
\nThough Infosys has declined any irregularities, the company admitted that the severance payout was subjective and has since institutionalized a process for granting severance.
\n
\n“The company has already clarified on the severance package for the former CFO Rajiv Bansal through a detailed statement. We do not have anything additional to add at this point,” Infosys said in a statement. News of the arbitration was first broken by The Times of India.
\n
\nBansal did not respond to a call and a message seeking comment.
\n
\n
\n(With TNN inputs)<\/em>
\n\n<\/body>","next_sibling":[{"msid":58276344,"title":"Micromax's Bharat 2 smartphone equips Spreadtrum LTE SoC","entity_type":"ARTICLE","link":"\/news\/micromaxs-bharat-2-smartphone-equips-spreadtrum-lte-soc\/58276344","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58277609,"entity_type":"ARTICLE","title":"Former Infosys CFO Rajiv Bansal demands pending Rs 12 crore of severance pay","synopsis":"When Bansal left, Infy had agreed to pay him Rs 17.38 cr as severance, about two years of pay. But it paid out only about Rs 5 cr before suspending the payments.","titleseo":"telecomnews\/former-infosys-cfo-rajiv-bansal-demands-pending-rs-12-crore-of-severance-pay","status":"ACTIVE","authors":[{"author_name":"Jochelle Mendonca","author_link":"\/author\/479231167\/jochelle-mendonca","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231167.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479231167,"author_name":"Jochelle Mendonca","author_seo_name":"jochelle-mendonca","designation":"Assistant Editor - Enterprise IT","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-04-20 14:33:44","lastupd":"2017-04-20 14:36:03","breadcrumbTags":["Narayana Murthy","Rajiv Bansal","Infosys CFO","Infosys","Infosys row","Rajiv Bansal severance pay","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/former-infosys-cfo-rajiv-bansal-demands-pending-rs-12-crore-of-severance-pay"}}" data-news_link="//www.iser-br.com/news/former-infosys-cfo-rajiv-bansal-demands-pending-rs-12-crore-of-severance-pay/58277609">