homevideos Newsfinance NewsIL&FS: NCLAT allows 'amber' firms turning 'green' to begin servicing debts
IL&FS: NCLAT allows 'amber' firms turning 'green' to begin servicing debts
The NCLAT has clarified that the 'amber' companies, as they graduate towards becoming 'green', can begin servicing their debt. The IL&FS group companies were classified into three categories — ‘green’, ‘amber’, and ‘red’ by the board.
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