IL&FS News

NCLAT Grants Banks Permission to Take Action Against Former IL&FS Directors Amid Financial Controversy

NCLAT allows Canara Bank and Indian Bank to pursue actions against former IL&FS directors not in the new board, while protecting current members. The decision marks a pivotal momen...

Supreme Court Ruling Deals a Blow to IL&FS Shareholders

The Supreme Court's DND Flyway order significantly impacts IL&FS shareholders and lenders, affecting projected revenues and project risks in infrastructure developments.