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  1. NCLT allows IL&FS Transportation Network to sell shares in expressway project

    NCLT allows IL&FS Transportation Network to sell shares in expressway project

    Mumbai: The National Company Law Tribunal (NCLT) has allowed IL&FS arm IL&F Transportation Networks to sell its shares in Moradabad Bareilly Expressway to Roadstar Infra Investment Trust (InvIT).A two-member bench of Justice Prabhat Kumar and Justice VG Bisht, in an order, approved the...
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    • approved bareilly board il&f il&fs infra investment justice moradabad networks order proposed roadstar transportation tribunal
    • Category: Business & Economy
  2. IL&FS Mutual Fund pays Rs 600 crore to debt infra investors; redeems on time

    IL&FS Mutual Fund pays Rs 600 crore to debt infra investors; redeems on time

    New Delhi, IL&FS Mutual Fund on Wednesday said it has paid out a little over Rs 60 crore to investors in its infrastructure debt fund.According to a statement issued by IL&FS Group, the debt scheme – IL&FS Infrastructure Debt Fund Series 1C – was redeemed on the due date of April 30, making it...
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    • capital control crore debt fund funds il&fs infra infrastructure investors management mutual redeemed scheme wednesday
    • Category: Business & Economy
  3. ITPCL loan restructuring: NCLAT rejects SBI's objection on liquidation value provided by PNB

    ITPCL loan restructuring: NCLAT rejects SBI's objection on liquidation value provided by PNB

    New Delhi: Appellate tribunal NCLAT has rejected SBI's arguments opposing the liquidation value of ITPCL offered by the debt-laden company's lead banker PN and said the country's largest lender is not entitled to liquidation value of IL&FS group's thermal Power cannot "end" the company's debt...
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    • agreement appellate cent il&fs itpcl lead lenders liquidation nclat power rejected restructuring sbi's tribunal value
    • Category: Business & Economy
  4. IL&FS to monetize its stake in DND flyover connecting Delhi to Noida

    IL&FS to monetize its stake in DND flyover connecting Delhi to Noida

    New Delhi, IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Limited (NTBCL), which owns and maintains the DND flyover connecting Delhi to Noida.IL&FS has decided to monetize this flagship DND flyover, which was built in 2001 as one of the first roads...
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    • bridge company crore debt decided delhi il&fs listed percent pradesh sell stake toll total uttar
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