Abstract

The case examines the tussle between ITC Limited (ITC) and its parent company British American Tobacco (BAT) during the mid-1990s. The case also details the issues over which the two companies disagreed, with a focus on the ITC Chairman K L Chugh’s role in the battle.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Tussle between BAT and ITC
• Corporate Governance
• and FERA Violations by ITC.

Keywords

British American Tobacco in India, ITC Ltd, KL Chugh, Diversification moves by ITC, Financial irregularities at ITC, Tussle between BAT and ITC, Corporate Governance, Role of BAT in the whole issue, FERA Violations by ITC, role of Chugh in the ITC controversy