IL&FS' PE arm IIRF moves NCLT against DB Realty

IIRF defaulted in repayment of Rs 108 crore. BSE-listed developer is one of the largest domestic realty-focused funds with investments in firms like Wadhwa Group, Noida Trade Towers and Aparna Infra Housing. IIRF is a part of the IL&FS Investment Managers (IIML), which has raised and managed over $3.5 billion.

from Banking/Finance-Industry-Economic Times https://ift.tt/2pmz3xo