Tribunal restrains 9 ex-officials of IL&FS from selling assets
The National Company Law Tribunal's (NCLT) Mumbai bench on Monday restrained nine former officials of Infrastructure Leasing and Financial Services (IL&FS) from selling their personal assets. NCLT further directed officials including Ravi Parthasarathy, Hari Sankaran and Arun Saha to disclose their assets in three weeks. The tribunal will hear the matter further on January 16.