Three IL&FS Group Cos to service Rs 3,300 crore debt
IL&FS and Lenders reach pact, Company says it will take up 10 more companies next
IL&FS - Press Releases and Stories In Media
IL&FS and Lenders reach pact, Company says it will take up 10 more companies next
The 270-day NCLT deadline is over but the new Board and the investigating agencies are just about warming up
Highlights of the IL&FS Board meeting held on June 28, 2019 where the Board reviewed the resolution progress and formed a committee to finalise asset wise resolution with lenders
The RBI, in its stability report released on Thursday, said that IL&FS case has brought the NBFC sector under greater market discipline as better performing companies continue to raise funds while the ones with asset quality concerns were subjected to higher borrowing costs
The Supreme Court order provides relief for IL&FS as it must await judiciary bodies orders, not pay from own pocket
The Govt has paid upto Rs 25 crore to ADB and KFW on sovereign guarantees issued on behalf of IL&FS and is staring at another Rs 250 crore payout towards guaranteed IL&FS loans
Company will take last audited results as the base to prepare financial statement; accounts need to be ready by September 30, 2019
Financially troubled IL&FS Engg and Construction Company is witnessing early improvement in its road portfolio with a go ahead to start work on one of its road project which was earlier up for foreclosure
IL&FS thrived due to its bureaucratic cover, time to go after them.
BSR @ Associates, which has resigned as the auditors of IFIN said it has also filed replies to the petitions and applications filed by MCA with NCLT