Eye on value, govt seeks to ‘fast-track’ IL&FS resolution 7509316

eye on value govt seeks to fast track ilfs resolution 7509316

Sumary of Eye on value, govt seeks to ‘fast-track’ IL&FS resolution 7509316:

  • While the new board of scam-hit Infrastructure Leasing &
  • This framework is time-taking and Covid-19 related restrictions last year and this year further affected the resolution process.
  • IL&FS group of companies have been classified into three categories – Green, Red and Amber – on the basis of 12-month cash flow-based solvency test, with companies in the Red category not able to fully repay even the secured debt.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close