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Gurgaon Metro Project case: IL&FS gets Rs 1,925 cr from Haryana govt


IL&FS has received Rs 1,925 crore from Haryana Shehari Vikas Pradhikaran (HSVP) as interim termination payment in the Gurgaon Metro Project case.
The payment, duly received in escrow accounts, comes in compliance of the Supreme Court order of March 26, 2021 that ruled in favour of IL&FS in the Gurgaon Metro Project, developed through IL&FS subsidiaries and Special Purpose Vehicles (SPVs), Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid Metro Rail Gurgaon South Limited (RMGSL).
The appropriation of any amount from the said escrow accounts shall be subject to further orders of the NCLAT or any other competent legal authority as per the order, which would be duly complied with by IL&FS. ....

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Syndicate Bank IFSC code will change from July 1, here's how to get new one | Personal Finance News


Highlights
Existing customers of Syndicate Bank can get new IFSC from Canara s official website.
You can also contact the customer care of Canara Bank on 18004250018 to get the details.
New Delhi: If you are a customer of Syndicate Bank, then there is important news for you, as the IFSC codes of all the branches are all set to change. Syndicate Bank was merged with Canara Bank with effect from 1st April 2020, according to Reserve Bank of India’s (RBI) orders. However, to provide a buffer time to customers, the bank’s IFSC code remained the same for over a year. But that’s going to change, as Syndicate Bank’s older IFSC Code will work only till 30 June 2021.  ....

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