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Infosys submits applications with RoC in ex-CFO's severance agreement matter

IT firm Infosys had agreed to pay its former CFO Rajiv Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder Murthy and others objected to the package. Bansal's severance payout has been one of the contentious issues Infosys founders had raised to allege governance lapses.

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