Eight To Ten IL&FS Subsidiaries Soon To Be Sold
As per Govt-appointed board of directors, soon eight to ten subsidiaries of Infrastructure Leasing and Financial Services Ltd (IL&FS) will go up for sale, as...
Tag : Insolvency Law
IL&FS Board Creates A New Roadmap To Address Lenders Concerns
The IL&FS board has briefed the National Company Law Appellate Tribunal (NCLAT) that the board has created a new roadmap to address nonpayment of dues...
IL&FS Board Appoints 3 Advisors To Establish Resolution Structure
The Infrastructure Leasing and Financial Services Ltd newly constituted board have appointed three advisors to formulate and execute a resolution plan for the debt-ridden company....
Videocon Industries Net Loss Rises 224% To Rs. 2874 Crores
Videocon Industries, an Indian Multinational Corporation with diversified business operation in telecom, electronics, energy etc reported their first quarterly results for the current fiscal year...
Cabinet Clears Changes to Insolvency Law
The Union Cabinet has cleared the ordinance for making changes to the Insolvency and Bankruptcy Code (IBC). The IBC is likely to help in streamlining...