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IL&FS creditors to get Rs 16,361 cr on pro-rata basis

The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its......

IL&FS to resolve debt of Rs 55,000 cr by March

IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT).......

IL&FS sells environment biz to pare Rs 1,200 cr debt

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to......

IL&FS board faces challenges as resolution takes a Covid-19 knock

With real estate valuations falling and other deals coming unstuck, the current management’s improved target faces significant challenges. The Covid crisis could not have come at a worse......

How IL&FS bosses showed fictitious profits for salary hikes

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list. The Serious Fraud Investigation......

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Ilfs Trust Company

News for Ilfs Trust Company

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

IL&FS to resolve debt of Rs 55,000 cr by March

IL&FS sells environment biz to pare Rs 1,200 cr debt

IL&FS board faces challenges as resolution takes a Covid-19 knock

How IL&FS bosses showed fictitious profits for salary hikes

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