June 6, 2019
SC allows SFIO to reopen and recast IL&FS accounts for last five years
Source:-business-standard.com The┬аSupreme Court┬аon Tuesday allowed the Serious Fraud Investigation Office (SFIO) to reopen and recast the accounts of Infrastructure Leasing & Financial Services (IL&FS) and two of its key subsidiaries of five years starting 2012-13 (FY13). The order came on a plea moved by the Ministry of Corporate Affairs (MCA), which sought to examine the