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IL&FS Controversy: SEBI Asks CARE Ratings to Act Against Top Management, says Report
13 Feb 2020
After fifteen months of moratorium on all IL&FS entities, the government has now requested NCLT to extend the moratorium for 105 entities of the group for another 270 days.
Newsclick Report
IL&FS Board Likely To File Contempt Case Against 9 Banks For Unauthorised Withdrawals
10 Jun 2019
In January, credit rating agencies have downgraded several SPVs of IL&FS for changing their stance on debt repayment.
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After Contempt of Court and Failed Spectrum Sale, RCom Opts for Bankruptcy
02 Feb 2019
In May 2018, NCLT initiated a corporate insolvency resolution process on RCom, which was stayed by the NCLAT, letting the company’s management to resolve issues.