The former chief financial officer of Infosys, Rajiv Bansal, has approached the Arbitration Tribunal to claim the pending Rs 12 crore of his severance pay.
Bengaluru: The former chief financial officer of Infosys, Rajiv Bansal, has approached the Arbitration Tribunal to claim the pending Rs 12 crore of his severance pay.
Former Supreme Court judge RV Raveendran has been appointed sole arbitrator in the case and the first meeting is scheduled next month, moneycontrol.com reported.
Several former executives, including co-founder NR Narayana Murthy, had said the severance pay was excessive.
An Infosys statement said it had halted the payment to Bansal pending certain clarifications.
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