Home States Delhi NCLAT directs IL&FS to distribute ₹16,000 cr to creditors

NCLAT directs IL&FS to distribute ₹16,000 cr to creditors

By
Rakesh Ranjan
-
225
0
(G.N.S) Dt. 3 New Delhi The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its creditors on pro-rata basis.The interim distribution award of Rs 16,361 crore includes Rs

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