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Govt Asks IL&FS Board To Recover Rs150 Crore from Ex-directors of IL&FS, IFIN and ITNL

The Union government has asked the board of Infrastructure Leasing and Financial Services Ltd (IL&FS) to recover excess remuneration worth Rs150 crore paid to the former directors of IL&FS Financial Services Ltd (IFIN) and IL&FS Transport Network (ITNL). ....

Hari Sankaran , Deloitte Haskins , Ramesh Bawa , Vibhav Kapoor , Michael Pinto , Ravi Parthasarthy , Tarun Saha , Milind Patel , Jerry Rao , Ernst Young , Rajesh Kotian , Maruti Suzuki , Indu Malhotra , Rina Kamath , Il Fs Transport Network , Ey Firm , Financial Services Ltd , Supreme Court , Il Fs Financial Services Ltd , Infrastructure Leasing , Services Ltd , Reserve Bank , Several Deficiencies ,

Rare move by govt: IL&FS, two subsidiaries ordered to recoup Rs 150 crore from ex-directors after accounts farce

This comes after IL&FS and the two arms in question had to recently reissue their account statements to show losses of Rs 9,600 crore for financial years 2013 to 2018, instead of a profit of Rs 1,869 crore originally shown. The original account had to be superseded following the unearthing of massive irregularities. ....

Uttar Pradesh , Maruti Suzuki , Ramesh Bawa , Michael Pinto , Jerry Rao , Milind Patel , Hari Sankaran , Ravi Parthasarthy , Tarun Saha , Rajesh Kotian , Rina Kamath , Vibhav Kapoor , Indian School Of Business , University Of Western Australia , Il Fs Transport Network , Offering College , Il Fs Financial Services , Ministry Of Corporate Affairs , Corporate Journey , Strategic Skill , Corporate Affairs , Companies Act ,

IL&FS, arms told to recover Rs 150 crore from ex-directors

India Business News: Indian govt instructs IL&FS board to recover Rs 150 crore from ex-directors over financial irregularities and excess remuneration, involving key direc ....

Rina Kamath , Tarun Saha , Ravi Parthasarthy , Michael Pinto , Jerry Rao , Vibhav Kapoor , Rajesh Kotian , Ramesh Bawa , Hari Sankaran , Milind Patel , Maruti Suzuki , Il Fs Financial Services , Il Fs Transport Network , Companies Act ,