"My people back home are trying to establish the facts before taking measures to deal with it," said the legendary opener who is in Dambulla as a television commentator for the Asia Cup tournament.
Registrar of Companies (RoC) in Ahmedabad has filed a complaint with the local police against Gavaskar and four other directors for having raised Rs 4.6 crore out of a public issue for a clothes and shoe company but failed to issue dividends to subscribers out of it.
Gavaskar, looking cool and unperturbed, said he had resigned from his post as a director at least a decade back in the 90s.
"During my brief association with it, I hardly attended any meeting of this company. The thing to remember is that I wasn't an executive director involved in the day-to-day running of the company.
"I am absolutely unsure if a public issue was released at the time when I was still a director with the company. I hope not for I don't know anything about this public issue business," said Gavaskar.