Beleaguered Infrastructure Leasing & Financial Services Ltd, the giant infrastructure lender, defaulted on payment obligations since June this year. The first signs of trouble surfaced in June 2018 when IL&FS defaulted on inter-corporate deposits and commercial borrowings. Watch BusinessToday.In video to know more about how IL&FS, the company behind projects such as Noida Toll bridge, collapsed and how it was taken over by the Modi government.