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The Latest Breaking News from ILFS

NCLAT revives IL&FS plea in Rs 1,080 crore circuitous transactions, sets aside NCLT order

The National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transactions. Setting aside a previous NCLT order, the tribunal stated the lower court erred by not examining the merits of claims that these deals, involving IFIN and SREI group entities, were…

The Economic Times

New Tirupur Area Development Corporation and IL&FS spat reaches Registrar of Companies

New Tirupur Area Development Corporation and IL&FS spat reaches Registrar of Companies

Chennai dispute between NTADCL and IL&FS over debt repayment reaches RoC Coimbatore amid allegations and investigations.

Dispute between IL&FS and New Tirupur Area Development Corporation over debt repayment

Dispute between IL&FS and New Tirupur Area Development Corporation over debt repayment

Dispute over debt repayment between NTADCL and IL&FS, leading to legal action and complications for IL&FS's stake in NTADCL.

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Dharani information in a single man’s hands, says Revanth

Dharani information in a single man’s hands, says Revanth

ED quizzes NCP leader Jayant Patil; Fadnavis says agencies are doing their work

Maharashtra NCP president Jayant Patil appeared before the Enforcement Directorate (ED) in Mumbai on May 22 in a money laundering case linked to alleged financial irregularities in the now-bankrupt financial services firm IL&FS, an official said.

IL&FS money-laundering case | Enforcement Directorate issues fresh summons to NCP MLA Jayant Patil

The Enforcement Directorate has issued fresh summons to Maharashtra Nationalist Congress Party president and MLA Jayant Patil for questioning in a money-laundering case linked to alleged financial irregularities in the now bankrupt financial services firm IL&FS, official sources said on May 15.

IL&FS money-laundering case | Enforcement Directorate summons NCP leader Jayant Patil

Jayant Patil has been asked to appear before the Enforcement Directorate on May 12 and his statement may be recorded at the Mumbai office of ED in connection with IL&FS money-laundering case

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ED searches premises of former auditors of IL&FS

ED searches premises of former auditors of IL&FS

The Enforcement Directorate carried out searches against two former auditor firms of Infrastructure Leasing and Financial Services Limited.

New Tirupur Area Development Corp: Investor writes to CM, Finance Minister, seeking CAG audit

New Tirupur Area Development Corp: Investor writes to CM, Finance Minister, seeking CAG audit

Aidqua Holdings (Mauritius) Inc, a private equity investor, has alleged the siphoning of funds by Infrastructure Leasing and Financial Services Limited

NCLAT asks IL&FS to distribute Rs 1,925 crore to financial creditors

NCLAT asks IL&FS to distribute Rs 1,925 crore to financial creditors

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has directed ILFS to distribute Rs 1,925 crore to its financial creditors from the payments received in connection with the Gurgaon metro project.

The Times of India

IL&FS staffers stay captive in Ethiopia as bank raises hurdle

IL&FS staffers stay captive in Ethiopia as bank raises hurdle

IL&FS employees in Ethiopia have also alleged that the Indian embassy was completely ineffective.

The Economic Times

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