il&fs
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HC grants bail to former IL&FS chairman Hari Sankaran
He will be released on bail upon executing a personal recognisance bond worth ₹1 lakh with one or two sureties of the same amount. However, on the request of his counsel, Sankaran will be released on furnishing cash security of the same amount as he undertook to furnish surety within four weeks

IL&FS scam: ED questions NCP state chief for over 9 hours
The ED on Monday questioned senior NCP state chief Jayant Patil over money-laundering probe related to alleged financial irregularities at the debt-hit IL&FS.

IL&FS scam: ED summons Jayant Patil
The agency is investigating allegations that a sub-contractor of the IL&FS had made payments to certain individuals, suspected of being aides of Patil, who at the time was a public servant, said an ED source, adding, “The agency has already questioned the individuals, who claimed to have made the payment and carried out searches as part of the verifications.”
