Brief: IL&FS Initiates Claims Management Process For 70 Group Entities

IL&FS Investment Managers

21/05/2019 15:07

May 21 (Reuters) - IL&FS:
    * IL&FS INITIATES CLAIMS MANAGEMENT PROCESS FOR 70 GROUP
ENTITIES
    * CLAIMS PROCESS TO CRYSTALLISE FINANCIAL, OPERATIONAL
LIABILITIES
OF IL&FS GROUP TO FACILITATE DISTRIBUTION OF PROCEEDS FROM
RESOLUTION PROCESS
    * DISTRIBUTION TO BE IN ACCORDANCE WITH RESOLUTION FRAMEWORK
FILED
WITH NCLAT BY UNION OF INDIA
    * GRANT THORNTON INDIA APPOINTED AS CLAIMS MANAGEMENT
ADVISOR

Further company coverage:  ILFS.NS 

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