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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 case reveals what India's resolution mechanism is lacking

The infra-major going belly up cracked open some major flaws in the system — the most evident being weak corporate governance and how layers of corporate structures could be formed adding to......

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......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

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Ilfs Investment

News for Ilfs Investment

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 case reveals what India's resolution mechanism is lacking

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

How IL&FS crisis has impacted non-banking finance companies

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