India’s biggest electronic ticket issuance company has been sued by an investor over a series of ticket issues.
In a statement on Thursday, a lawyer for Inditex said the company is cooperating with the probe.
The company is a subsidiary of Tata Group, which operates the global ticketing platform Ticketmaster.
The lawsuit comes after the company’s share price fell sharply following a series that were reported to be caused by a series which involved an issue of non issue tickets.
The Indian company has issued 1.2 billion non issue ticket for the past few years and has seen a drop in sales due to poor customer experience, said Rakesh Sharma, partner and partner at law firm Aravind Singh.
India’s largest digital ticketing company has seen its stock price drop by about 50% over the past year, following an ongoing probe into ticketing glitches by the Indian Railways.
India is India’s third-largest passenger market, after China and the United States.