CHENNAI: The Madras high court has quashed an FIR registered against three former directors of IL&FS Transportation Network Ltd (ITNL) in connection with the Rs 1 lakh crore IL&FS scam.
Justice M Dhandapani passed the order while allowing the pleas moved by Ravi Parthasarathy, Hari Sankaran and Ramchand Karunakaran. However, the court made it clear that by quashing the case relating to the TNPID Act, it was, by no stretch of imagination, giving a clean chit to the petitioners as persons beyond a pale of doubt. “This court has only quashed the case against the petitioners on the ground that the investigation under the TNPID Act by EOW is not sustainable…” the judge said.