{"id":293410,"date":"2019-09-24T05:29:56","date_gmt":"2019-09-24T05:29:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293410"},"modified":"2019-09-24T05:29:56","modified_gmt":"2019-09-24T05:29:56","slug":"somany-pf-challenges-at-nclat-sales-of-ilfs-wind-energy-assets-at-orix-corporation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/somany-pf-challenges-at-nclat-sales-of-ilfs-wind-energy-assets-at-orix-corporation\/","title":{"rendered":"Somany PF challenges at NCLAT sales of IL&amp;FS Wind Energy assets at Orix Corporation"},"content":{"rendered":"<p>Somany Provident Fund Institution on Monday challenged the sale of IL&amp;FS Wind Energy (IWEL)\u2019s assets to Orix Corporation at the National Company Law Appellate Tribunal (NCLAT).<\/p>\n<p>The Kolkata-based fund management company has questioned the NCLT Mumbai\u2019s approval to the sale of seven wind special purpose vehicles to Japan-based Orix, since the NCLAT\u2019s jurisdiction to impose moratorium over loans according to the Companies Act is under challenge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Somany Provident Fund Institution on Monday challenged the sale of IL&amp;FS Wind Energy (IWEL)\u2019s assets to Orix Corporation at the National Company Law Appellate Tribunal (NCLAT). The Kolkata-based fund management company has questioned the NCLT Mumbai\u2019s approval to the sale of seven wind special purpose vehicles to Japan-based Orix, since the NCLAT\u2019s jurisdiction to impose moratorium over loans according to the Companies Act is under challenge.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-293410","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293410","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293410"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293410\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}