Government May Debar Deloitte Over Alleged Misconduct In IL&FS Case
As Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in the IL&FS audit process, it appears that the...
Tag : IL&FS
IL&FS Wind Power Plants highest bidder emerges as GAIL India Ltd
GAIL (India) Ltd. has emerged as the highest bidder for seven operating wind power plants of debt-laden Infrastructure Leasing & Financial Services, said the company...
In IL&FS Case Second Arrest Appeared As CEO Ramesh Bawa
IL&FS former MD and CEO, Ramesh Bawa arrested by Serious Fraud Investigation Office (SFIO). This is the second successful establishment made by Investigation Ministry of...
NCLAT Pursue Data On Submission To IL&FS ‘Amber’ Companies
To protect the investments of pension funds and provident funds, the National Company Law Appellate Tribunal has sought the details of the investment of such...
SFIO’s First Big Accomplishment Under IL&FS Case
The Serious Fraud Investigation Office (SFIO) took former vice chairman Hari Sankaran into its custody, it is the first big arrest made by SFIO in...
More IL&FS Firms Can Repay Debt NCLAT To Decide
Lenders to some of the entities related to Infrastructure Leasing and Financial Services Ltd. approached the National Company Law Appellate Tribunal today asking it to...
RBI Seeks Changes Of NCLAT Order On IL&FS Status Of NPA
The National Company Law Appellate Tribunal has been moved by Reserve Bank of India on the matter of modification in an earlier order which resisted...
Financial Irregularities Of Over Rs. 13,000 Crores Found In IL&FS Audit
The special auditor of debt-laden IL&FS Group, Grant Thornton, has found multiple financial irregularities in deals with financial implications worth over Rs 13,000 crores. According...
IL&FS Planning To Sells Stake In Two New Entities
Infrastructure Leasing & Financial Services (IL&FS) board has advanced its efforts to reduce the debt burden on the group, by initiating the process to sell...
Govt Approaches NCLT For Appointment Of New Board Members
The government approached the National Company Law Tribunal (NCLT) Mumbai’s bench seeking the appointment of Vijay Kumar and N. Srinivasan to the board of in...