Friday, January 10, 2020

IL&FS board proposes distribution framework for group resolution

It has proposed to release 55 companies from the moratorium. Some of these companies are under the corporate insolvency process or facing liquidation, and a few entities have limited business operations, the board told the National Company Law Appellate Tribunal (NCLAT).

from Banking/Finance-Industry-Economic Times https://ift.tt/36KdLdd

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