 "IL&FS")
The Mumbai bench of National Company Law Tribunal (NCLT) on Friday issued notices to Amitabh Chaudhary, CEO of Axis Bank, Zareen Daruwala, CEO of Standard Chartered Bank, Ramesh Bawa and his wife for violating the tribunal's order.
It has also asked them to furnish their replies to the contempt pleas filed against them within two weeks.
Moreover the tribunal has allowed the Ministry of Corporate Affairs to make Ramesh Bawa's wife and daughter as respondents in the original case, as they were beneficiaries of the money swindled by him when he is was in IL&FS.
The tribunal said that the
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