Amid allegations of sexual misconduct against All India Bakchod founders, Tanmay Bhat and Gursimran Khamba, the company announced that Bhat would be "stepping away" from business with immediate effect.
Further, Khamba would take a leave of absence.
Notably, in an earlier statement, AIB had accepted that Bhat knew about the accusations against fellow comedian Utsav Chakraborty.
AIB says can't overlook Tanmay's role
"We have been closely monitoring the sequence of events on social media around the allegations against AIB and also against our co-founder and CEO, Tanmay Bhat. We cannot overlook Tanmay's role," AIB said in a statement.