{"id":275579,"date":"2019-05-22T04:48:13","date_gmt":"2019-05-22T04:48:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275579"},"modified":"2019-05-22T04:48:13","modified_gmt":"2019-05-22T04:48:13","slug":"debt-ridden-ilfs-initiates-claims-management-process-for-70-group-entities","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/debt-ridden-ilfs-initiates-claims-management-process-for-70-group-entities\/","title":{"rendered":"Debt-ridden IL&amp;FS initiates claims management process for 70 group entities"},"content":{"rendered":"<p>Debt-ridden Infrastructure Leasing and Financial Services (IL&amp;FS) Tuesday said it has initiated claims management process for 70 group entities. <\/p>\n<p>&#8220;The claims process is being run to crystallise the financial and operational liabilities of the group to facilitate distribution of proceeds from the resolution process,&#8221; it said. <\/p>\n<p>&#8220;The new board of IL&amp;FS, as part of the overall resolution process for the group, has initiated a comprehensive claims management process for 70 group entities,&#8221; the company said in a statement. <\/p>\n<p>The company&#8217;s fund-based outstanding debt was Rs 94,216 crore as of October 8, 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-ridden Infrastructure Leasing and Financial Services (IL&amp;FS) Tuesday said it has initiated claims management process for 70 group entities. &#8220;The claims process is being run to crystallise the financial and operational liabilities of the group to facilitate distribution of proceeds from the resolution process,&#8221; it said. &#8220;The new board of IL&amp;FS, as part of the overall resolution process for the group, has initiated a comprehensive claims management process for 70 group entities,&#8221; the company said in a statement. The company&#8217;s fund-based outstanding debt was Rs 94,216 crore as of October 8, 2018.<\/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":[135,130,168],"tags":[],"class_list":["post-275579","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275579","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=275579"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275579\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}