New Delhi, Sept. 12 -- In just 43 days, O.P. Bhatt went from being backed for another five years as Coforge Ltd chairman to abruptly resigning. In between, the firm's largest shareholder opposed his continuation; an internal audit flagged gaps in Bhatt's sharing of a board evaluation report in which he was rated lowest; and fellow directors sought answers from the veteran banker.

State Bank of India's former chairman, Bhatt served as an independent director on close to a dozen listed companies in the last 15 years, since he retired from the country's largest bank in 2011.

The 8 September resignation ended Bhatt's 27-month stint at Coforge and triggered a flurry of disclosures, as the company detailed what happened behind the boardroom d...