{"id":232639,"date":"2019-02-12T06:34:54","date_gmt":"2019-02-12T06:34:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=232639"},"modified":"2019-02-12T06:48:43","modified_gmt":"2019-02-12T06:48:43","slug":"nclat-allows-22-ilfs-companies-to-pay-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-allows-22-ilfs-companies-to-pay-debt\/","title":{"rendered":"NCLAT allows 22 IL&amp;FS companies to pay debt"},"content":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Monday allowed 22 companies of crisis-hit IL&amp;FS group, which were classified in green category based on their financial health, to service their debt obligations.<\/p>\n<p>Besides, a two-member bench headed by Justice S J Mukhopadhaya approved appointment of former Supreme Court judge Justice D K Jain to supervise resolution process of crisis-hit IL&amp;FS and its group companies.<\/p>\n<p>The appellate tribunal also lifted moratorium and allowed 133 IL&amp;FS firms incorporated outside India to continue with the resolution process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Monday allowed 22 companies of crisis-hit IL&amp;FS group, which were classified in green category based on their financial health, to service their debt obligations. Besides, a two-member bench headed by Justice S J Mukhopadhaya approved appointment of former Supreme Court judge Justice D K Jain to supervise resolution process of crisis-hit IL&amp;FS and its group companies. The appellate tribunal also lifted moratorium and allowed 133 IL&amp;FS firms incorporated outside India to continue with the resolution process.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,213,144],"tags":[],"class_list":["post-232639","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=232639"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232639\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=232639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=232639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=232639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}