Government may come with 3-pronged strategy to deal with IL&FS payment issues
IL&FS and its subsidiaries are facing liquidity crisis and have defaulted on several debt repayments recently.
Oct 11, 2018, 18:00 PM ISTNCLT allows dismissal of IL&FS board; appoints new 6-member board
A new 6-member board headed by Uday Kotak will lead the debt ridden IL&FS board.
Oct 01, 2018, 16:33 PM ISTGovt moves NCLT for management change at IL&FS
Sources close to IL&FS said it is likely to support the application as it will help resolve all the pending issues and reach at a comprehensive solution for the benefit of all stakeholders.
Oct 01, 2018, 15:12 PM IST