Creditors of Il&fs Arm get 1st payout by Insolvency Grp | Mumbai news | Tech Reddy

Creditors of Il&fs Arm get 1st payout by Insolvency Grp |  Mumbai news

 | Tech Reddy

[ad_1] Mumbai: Financial Creditors Fast Metro Gurgaon Rail (RMGL), a part of the IL&FS Group, received 83% of their total claim of Rs 715 crore. Following the IL&FS Board’s decision to initiate interim distribution on November 2, 2022, the group has started disbursing the recovered amount to creditors.Secured financial creditors of RMGL — UBI, BoI, … Read more