Why IL&FS may not be out of the woods2 min read 01 Oct 2018, 09:00 AM IST
IL&FS restructuring process will not be easy as lenders will try to secure their interests. The move may get stuck in litigation.
Mumbai: Infrastructure Leasing and Financial Services Ltd’s (IL&FS) 29 September annual general meeting (AGM) was to lend clarity on what was next for the company and its subsidiaries, which have defaulted on debt repayments. Here’s a look at what has been cleared up and what remains uncertain.
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