{"id":275778,"date":"2019-05-23T06:10:07","date_gmt":"2019-05-23T06:10:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275778"},"modified":"2019-05-23T06:16:36","modified_gmt":"2019-05-23T06:16:36","slug":"ilfs-initiates-claims-management-process-for-70-group-entities-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-initiates-claims-management-process-for-70-group-entities-2\/","title":{"rendered":"IL&amp;FS initiates claims-management process for 70 group entities"},"content":{"rendered":"<p>IL&amp;FS has initiated a claims management process for its 70 Group entities in an effort to clarify financial liabilities and facilitate the settlement process. <\/p>\n<p>In a letter, a copy of which is with BusinessLine, the troubled infrastructure financing company has listed out that it has classified 5 Indian group entities in the \u201cgreen\u201d category, which means it is ready to be sold off. Additionally, 2 Indian entities have been categorised as being \u201cred\u201d. The classification of remaining 11 Indian IL&amp;FS group companies is presently underway, the affidavit noted. However, these remaining 11 entities account for about Rs 469.6 crore of the domestic external fund-based debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IL&amp;FS has initiated a claims management process for its 70 Group entities in an effort to clarify financial liabilities and facilitate the settlement process. In a letter, a copy of which is with BusinessLine, the troubled infrastructure financing company has listed out that it has classified 5 Indian group entities in the \u201cgreen\u201d category, which means it is ready to be sold off. Additionally, 2 Indian entities have been categorised as being \u201cred\u201d. The classification of remaining 11 Indian IL&amp;FS group companies is presently underway, the affidavit noted. However, these remaining 11 entities account for about Rs 469.6 crore of [&hellip;]<\/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],"tags":[],"class_list":["post-275778","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275778","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=275778"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275778\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}