<p class="title">Debt-ridden Infrastructure Leasing & Financial Services (IL&FS) on Thursday said GN Bajpai has resigned from the company's newly-appointed board, citing personal reasons.</p>.<p class="bodytext">His resignation will be effective October 30.</p>.<p class="bodytext">Bajpai, an ex-Sebi chairman, was one of the seven directors appointed on the company's board by the government following NCLT order to supersede previous board.</p>.<p class="bodytext">"The company has been intimated by the ministry of corporate affairs, vide its letter dated October 30, 2018, that due to personal reasons, GN Bajpai, director of IL&FS, has resigned from the board of directors of the company with effect from October 30, 2018," the firm said in a regulatory filing.</p>.<p class="bodytext">Post Bajpai's exit, the members remaining on the company's board are banker Uday Kotak, who is the chairman; ICICI Bank executive chairman GC Chaturvedi; IAS officer and the director general of shipping Malini Shankar; Mahindra group's Vineet Nayyar, veteran auditor Nandkishore and CS Rajan, a former chief secretary of Rajasthan. </p>
<p class="title">Debt-ridden Infrastructure Leasing & Financial Services (IL&FS) on Thursday said GN Bajpai has resigned from the company's newly-appointed board, citing personal reasons.</p>.<p class="bodytext">His resignation will be effective October 30.</p>.<p class="bodytext">Bajpai, an ex-Sebi chairman, was one of the seven directors appointed on the company's board by the government following NCLT order to supersede previous board.</p>.<p class="bodytext">"The company has been intimated by the ministry of corporate affairs, vide its letter dated October 30, 2018, that due to personal reasons, GN Bajpai, director of IL&FS, has resigned from the board of directors of the company with effect from October 30, 2018," the firm said in a regulatory filing.</p>.<p class="bodytext">Post Bajpai's exit, the members remaining on the company's board are banker Uday Kotak, who is the chairman; ICICI Bank executive chairman GC Chaturvedi; IAS officer and the director general of shipping Malini Shankar; Mahindra group's Vineet Nayyar, veteran auditor Nandkishore and CS Rajan, a former chief secretary of Rajasthan. </p>