Uday Kotak led board to take over IL&FS in Satyam Computer scam like action
In a Satyam-style takeover, the National Company Law Tribunal (NCLT) allowed the government to take over the beleaguered Infrastructure Leasing & Financial Services (IL&FS) in an emergency court hearing convened on Monday evening.
In a Satyam-style takeover, NCLT allowed the government to take over the beleaguered IL&FS in an emergency court hearing convened on Monday evening. Image source: Reuters