Viresh Joshi, the former fund manager of Axis Mutual Fund who is under investigations on charges of alleged front running, has sent a legal notice to the fund house alleging wrongful termination, said two people with direct knowledge of the matter.
“Joshi has sent two notices so far. One on 6 May after the suspension and the second one on 20 May after the termination. He is alleging in the notice that due process has not been followed," said one of the people mentioned above, declining to be named.
