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IL&FS debt: Resolved debt of Rs 35,650 cr, IL&FS says

IL&FS Group, which went bankrupt five years ago, has resolved Rs 35,650 crore of its debt through asset monetization and settlements with banks. This means the company has completed over half of the Rs 61,000 crore debt it aimed to resolve. The group has also made interim distributions of around Rs 10,000 crore to lenders across its entities.

Auditors resignations must follow statutory provisions; Must be exercised as the last resort

Reporting frauds: Don t get swayed by legal opinion of cos, NFRA cautions auditors

Reporting frauds: Don t get swayed by legal opinion of cos, NFRA cautions auditors
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