IL&FS seeks more time to complete resolution – The Times of India
MUMBAI: IL&FS has requested an extension from the National Company Law Appellate Tribunal (NCLAT) to resolve 57 out of the 108 entities still in limbo, citing substantial progress in its ongoing restructuring. In its affidavit, the company reported that it has successfully resolved 197 of its 302 subsidiaries, which are no longer part of the…