AIR INDIA CHAIRMAN TOLD TO TERMINATE LEASE ON HOUSE

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By TESTCustomwebLP TESTCustomwebLP November 3, 2010 14:34

AIR INDIA CHAIRMAN TOLD TO TERMINATE LEASE ON HOUSE

The Indian government has forced the Air India chairman and managing director Arvind Jadhav, to terminate the lease of a house he had rented because it was against company rules. The house in south Delhi’s Vasant Vihar locality was leased at Rs.3 lakh a month by Jadhav; the amount was billed to the company. This is against Air India’s rules as the airline has accommodation available for senior executives in Mumbai and New Delhi. “It has been made clear that this money needs to be paid out of pocket (and not by the company),” said a government official familiar with the matter, who asked not to be named. “The issue will be taken up in the board meeting this time.”

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By TESTCustomwebLP TESTCustomwebLP November 3, 2010 14:34
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