IL&FS moves NCLAT over consent delays for transfer of assets to InvIT
Mumbai: The IL&FS board has filed an application with the appellate tribunal (NCLAT) against several lenders, including IFCI, IIFCL, BoB, SBI, PNB, Indian Bank, and the government of Jharkhand for “undue delays” in obtaining consent for the transfer of ₹5,500 crore worth of road assets to Infrastructure Investment Trust (InvIT).
