IL&FS Asset Sale Cleared by NCLT: What It Means for Stakeholders
25 Apr, 2025
IL&FS Asset Sale: NCLT Clears Major Step in Resolution. In a major boost to India’s insolvency resolution efforts, the National Company Law Tribunal (NCLT) has approved the sale of 18 subsidiaries of IL&FS. This decision, involving a substantial portfolio of Mumbai-based entities, marks a critical move towards resolving one of India’s most complex financial collapses. […]
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