{"id":387228,"date":"2020-12-02T08:29:36","date_gmt":"2020-12-02T02:59:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387228"},"modified":"2020-12-02T09:00:57","modified_gmt":"2020-12-02T03:30:57","slug":"ilfs-gets-approval-to-sell-road-asset-jorabat-shillong-expressway","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-gets-approval-to-sell-road-asset-jorabat-shillong-expressway\/","title":{"rendered":"IL&amp;FS gets approval to sell road asset Jorabat Shillong Expressway"},"content":{"rendered":"<p>Infrastructure Leasing and Financial Services on Tuesday said it has received the approval of Justice (retd) D K Jain &#8211; who is overseeing the debt-laden group&#8217;s resolution process &#8211; for sale of Jorabat Shillong Expressway to Sekura Roads Ltd. <\/p>\n<p>Sekura Roads is backed by Edelweiss Infrastructure Yield Plus, an infrastructure category-I alternative investment fund. <\/p>\n<p>JSEL is a wholly-owned subsidiary of IL&amp;FS Transport Network (ITNL). It has been classified as an amber company. <\/p>\n<p>Amber category is for those companies that would not be able to meet their obligations but can meet only operational payment obligations to senior secured financial creditors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infrastructure Leasing and Financial Services on Tuesday said it has received the approval of Justice (retd) D K Jain &#8211; who is overseeing the debt-laden group&#8217;s resolution process &#8211; for sale of Jorabat Shillong Expressway to Sekura Roads Ltd. Sekura Roads is backed by Edelweiss Infrastructure Yield Plus, an infrastructure category-I alternative investment fund. JSEL is a wholly-owned subsidiary of IL&amp;FS Transport Network (ITNL). It has been classified as an amber company. Amber category is for those companies that would not be able to meet their obligations but can meet only operational payment obligations to senior secured financial creditors.<\/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-387228","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\/387228","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=387228"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387228\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}