National Company Law Tribunal approves sale of IL&FS education arm to Lexington Equity

"On hearing the Counsel for the applicant and upon going through the pleadings and the documents attached to the application, we are of the view that the sale of education assets has been done within the Resolution Framework and the same is approved and recorded," the NCLT's Mumbai bench said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3lJAXjW