Economic Offences Wing (Chennai) arrested the Former Chairman of IL&FS Ravi Parthasarathy. IL&FS group has more than 500 companies. Ravi Parthasarathy was the mastermind of scams worth of crore including IL&FS & ITNL. The FIR(First Information Report) is filled by 63 Moon Technologies which lost several crores of rupees in this scam. FIR is registered under the viable sections of the Indian Penal Code.