The lone wolf
The season has just got over for us," says an exhausted Amit Tandon, looking at the deserted cubicles in a 4,000 sq. ft. ground floor Central Mumbai office. Tandon is the Co founder and MD of Institutional Investor Advisory Services (IiAS), which provides professional advice to institutional investors on corporate governance issues. The season he is referring to is the period towards the end of the first quarter when most companies hold their annual general meetings (AGMs). "Everyone is kind of taking it easy," smiles a clean shaven Tandon, wearing a black suit.
The smile says a lot, for this ICICI Group veteran, who last headed Fitch Ratings' India office, is facing a `1,000 crore defamation suit from cigarette major ITC. The reason is IiAS' advice to ITC shareholders to vote against a resolution for a monthly remuneration of `1 crore to Y.C. Deveshwar, now the non executive chairman. For Tandon, who is out on a mission to question the goings on in corporate India, these challenges are an occupational hazard. He is at ease, just like Inspector Morse, the character of his favourite British TV detective series that he loves to watch and
