{"id":338429,"date":"2020-02-21T10:11:18","date_gmt":"2020-02-21T04:41:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338429"},"modified":"2020-02-21T10:59:01","modified_gmt":"2020-02-21T05:29:01","slug":"ilfs-to-seek-lenders-approval-for-road-asset-sales-through-e-voting","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-to-seek-lenders-approval-for-road-asset-sales-through-e-voting\/","title":{"rendered":"IL&amp;FS to seek lenders&#8217; approval for road asset sales through e-voting"},"content":{"rendered":"<p>Resolution for IL&amp;FS\u2019 five road assets hangs in the balance as bid validity for these projects is set to expire by month-end. In a last-ditch effort to finalise the sales of these assets, the group will now seek lenders\u2019 approval through e-voting. <\/p>\n<p>\u201cThe bids for the five road projects will expire on February 29. As the next date of hearing for IL&amp;FS at the National Company Law Tribunal is not before that, the group is trying to get lenders\u2019 approval through e-voting,\u201d said a person privy to the development. The person added: \u201cThe e-voting process for some of these projects commenced earlier this month. For all five, it is expected to conclude before the deadline.\u201d An IL&amp;FS spokesperson confirmed the e-voting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resolution for IL&amp;FS\u2019 five road assets hangs in the balance as bid validity for these projects is set to expire by month-end. In a last-ditch effort to finalise the sales of these assets, the group will now seek lenders\u2019 approval through e-voting. \u201cThe bids for the five road projects will expire on February 29. As the next date of hearing for IL&amp;FS at the National Company Law Tribunal is not before that, the group is trying to get lenders\u2019 approval through e-voting,\u201d said a person privy to the development. The person added: \u201cThe e-voting process for some of these projects [&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":[135,130,168],"tags":[],"class_list":["post-338429","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\/338429","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=338429"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338429\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}