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IL&FS seeks legal advice to recover excess remuneration paid to directors

By Economic Times - 3 weeks ago
IL&FS Group is seeking legal advice on how to recover approximately Rs 187 crore in excess remuneration from former directors of IL&FS, IFIN, and ITNL. The company is seeking to recoup funds after a government audit found the companies had been showing profits when they were actually in loss.

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