IL&FS Group, grappling with debt, has successfully repaid Rs 38,082 crore to its creditors by September 30, 2024. The resolution process, i...

IL&FS Group is seeking legal advice on how to recover approximately Rs 187 crore in excess remuneration from former directors of IL&FS, IFI...

As part of the interim distribution, IL&FS Group will be paying a total of Rs 3,200 crore to IFIN eligible creditors, that is being distrib...

The Ministry of Corporate Affairs (MCA) has also requested the appellate tribunal to release 55 other entities from moratorium, so that the...

As per the fifth progress report to the NCLT, the company said that banks and financial institutions' actions affects its efforts to surviv...

Those whose properties stand attached are Ravi Parthasarathy, Ramesh Bawa, Hari Sankaram, Arun Saha and Ramchand Karunakaran.

A report shows that IL&FS management provided gifts or changed the rating agencies to get favourable ratings.

Officials at the rating agencies denied any lapses on their part.

IL&FS plans to reclassify the ‘amber’ entities as ‘green’. The NCLAT has given the government and the company time till July 12 to do the r...

This reverses the National Company Law Appellate Tribunal’s (NCLAT) own February order that didn’t require financial institutions to recogn...

All but 50 of the 169 domestic group companies of IL&FS are currently enjoying a moratorium on all financial claims against them.

GIFT City Co, which is implementing the GIFT City project in Gandhinagar, is a 50:50 JV b/w IL&FS and the state govt-owned Gujarat Urban De...

IL&FS is currently seeking an extension of an interim order by the NCLT that granted a moratorium on claims against group cos.

The appellate tribunal also lifted moratorium and allows 133 IL&FS firms incorporated outside India to continue with the resolution process.

Some companies of the diversified IL&FS group, which has debt burden of over Rs 91,000 crore, have failed to repay loans.

The IL&FS group is facing serious liquidity crisis and has defaulted on interest payment on various debt repayments since August 27.

Shares of IL&FS group companies rallied up to 12 per cent on Tuesday.