IL&FS group has resolved Rs 45,281 crore of its debt by March 2025, marking significant progress in its resolution plan, which includes 197...

NCLAT has reinstated IL&FS Financial Service's Rs 593 crore claims and voting rights in the insolvency process of Attivo Economic Zones, a ...

In this process, "lenders, as well as shareholders, would anyway have to take a haircut for their respective debt/ and equities," IL&FS sai...

The NCLAT direction came on Tuesday over an urgent plea moved by the newly appointed board of debt-ridden IL&FS, seeking direction to the b...

In its petition, IL&FS said it is aggrieved by the "blatant violation and disregard" of previous NCLAT orders by the banks. IL&FS also char...

Alvarez & Marsal and Grant Thornton are advising IL&FS on the bank-wise distribution of the proceeds from the recoveries. IL&FS had informe...

The group estimates resolution of the remaining nearly Rs 4,000 crore debt across 97 entities to move beyond March 2022 and thus achieve it...

"On hearing the Counsel for the applicant and upon going through the pleadings and the documents attached to the application, we are of the...

"The Management of Elsamex SAU, Spain, a wholly-owned subsidiary of the company has informed that an application has been filed by one of t...

The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various e...

In the first such case against a group entity of crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&FS) Group, the Hongkong a...

The NCLT order its order is based on the findings of the probe conducted by the Serious Fraud Investigation Office.

The ED claimed the group was being run as a "personal fiefdom" by the directors, who indulged in enhancing turnover for ensuring better cre...

The companies said that their provident funds have invested in the bankrupt IL&FS.

Banks’ exposure in the total debt of the IL&FS group is at 60 per cent.

"This portal will be available for public with effect from October 16 for filing application and no applications shall be received through ...

Addressing the media post the AGM, he said that the board took four important decisions today.