ILFS on track for 62% recovery, says Uday Kotak : Rashtra News The IL&FS board expects to resolve around Rs 57,000 crore of the Rs 99,000 crore total debt inherited by the directors by March 2022. Overall the Uday Kotak led board expects to complete resolution of Rs 61,000 crore or about 62% of the
He just put the "O" in B-Flo. He's keeping the Vikings in contention. He's auditioning for his next job. The Vikings should give him every reason to keep his current gig. Brian Flores, the Vikings' first-year defensive coordinator, has become the best reason to believe this team can make the playoffs, and the better he does his job, the less likely he is to remain in Minnesota. He can add .
While sale processes of some assets have progressed, IL&FS has faced significant delays in the InVIT route it took to resolve some of the road assets, as lenders, concessionaires didnt agree on the terms. Even as there are stiff targets for filing resolutions of remaining companies, at least two dozen are likely to drag on to FY25, show latest filings.
The Supreme Court clarified that a 2021 suo motu order passed by it during COVID not only relaxed the limitation period for filing cases, replies, etc. but is also applicable to the delay condonable by courts.