Top Law News Fine on IFCI, jail for executives for contempt of court March 21, 2012 / March 21, 2012 by Legal India Admin | Leave a Comment The Delhi High Court has sentenced Atul Kumar Rai, the chief executive officer and managing director of IFCI (formerly Industrial Finance Corporation of India), for a month in jail . The court awarded the sentence after it held Rai guilty for contempt of court and defiance of its orders. The court has also imposed a […] Read more ยป Atul Kumar Rai chief executive officer and managing director of IFCI Delhi High Court IFCI (formerly Industrial Finance Corporation of India) Justice Bhasin