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Breaking News

Govt takes IL&FS to NCLT; seeks dismissal of Board

Monday - October 1, 2018 12:42 pm , Category : BUSINESS
Mumbai Oct 1 (IANS) Facing mounting criticism from the Congress party the Central government has moved the top corporate tribunal in the country for a change of management at the beleaguered IL&FS.
According to sources the matter has been listed in the National Company Law Tribunal Mumbai for hearing on Monday.
The debt ridden IL&FS has been taken to the NCLT Mumbai by the Ministry of Corporate Affairs.

--IANS rv/soni/