Tuesday, February 11, 2020

Govt seeks additional 270 days to complete resolution for 105 IL&FS group companies

The Ministry of Corporate Affairs (MCA) has also requested the appellate tribunal to release 55 other entities from moratorium, so that they can discharge their debt obligations. Certain protection and reliefs were granted to the 55 entities through an order passed by the National Company Law Appellate Tribunal (NCLAT) on October 15, 2018.

from Banking/Finance-Industry-Economic Times https://ift.tt/2HfcZKs

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