Motilal Oswal
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Motilal Oswal
Finance

Parliamentary panel for setting up enquiry commission into IL&FS crisis

Updated : February 14, 2019 08:22 AM IST

Debt crisis in infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning September 2018.
The Standing Committee on Finance, in its report presented in Parliament, said the government has since intervened and re-constituted the company's board and the matter is being heard by the National Company Law Tribunal (NCLT).
Parliamentary panel for setting up enquiry commission into IL&FS crisis
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