MUMBAI: Wadia group company Britannia Industries has sought external legal opinion over the continuation of Ness Wadia as director at the insistence of independent members of the board, following his conviction in Japan for possession of cannabis. The elder Wadia, however, backed the move for another opinion, it is learnt.The independent board members also spoke separately with Ness Wadia, said the people cited above. That the Japanese court suspended the sentence for five years implies that it’s not considered a serious offence in that country either, he said. The judgement is clear,” a Wadia Group spokesperson had said on April 30 after the news became public. “It is a suspended sentence.

Source: Economic Times May 03, 2019 01:11 UTC