Corporate Governance Failure In Il&Fs: A Critical Legal Analysis
IJLLR Journal
Pohor Jamatia, The ICFAI University, Dehradun ABSTRACT This paper explores the origins of the Infrastructure Leasing & Financial Services (IL&FS) crisis which threatened to become a domestic credit crisis by its mere size and extent had it not been for the timely intervention by the government. The collapse of Infrastructure Leasing & Financial Services (IL&FS) in 2018 shook the foundations of India’s financial system. Once considered a trusted infrastructure financing giant, its