IL&FS board to meet today, may submit resolution plan in 15 days3 min read 04 Oct 2018, 07:23 AM IST
In today's meeting, the new IL&FS board will also examine the need for further induction of members on the board
Mumbai/New Delhi: The newly appointed board of Infrastructure Leasing and Financial Services Ltd (IL&FS) will submit a resolution plan for the debt-laden company within a fortnight of its first meeting to take place in Mumbai on Thursday, said a government official. The government on Wednesday appointed C.S. Rajan, former chief secretary of Rajasthan, as the seventh member on the new board of directors of IL&FS. Thursday’s meeting of the new board will also examine the need for further induction of members on the board, the official said.