Vivek Srivastav
@iamviveksri
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If right action was taken on @ILFSGroup Board of Directors, we would not witness the Indigo fiasco. BTW lets see what action Indigo Board faces. There is @amitabhk87 and also Ex-SEBI Chief. Board of Directors without responsibility. @MCA21India @PMOIndia
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@ILFSGroup No idea what Resolution Framework says, but monies received from sale of BKC HQ should come to ITNL Retail NCD holders. That is Natural Justice since we are HoldCo lenders and not SPV lenders who u took care. @MCA21India @PMOIndia @udaykotak
https://t.co/tRUx6xrZud
ndtvprofit.com
IL&FS is now likely to commission a new assessment, which could lift the valuation to between Rs 2,000 crore and Rs 2,500 crore.
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@pradumantandon6 @ILFSGroup @udaykotak @MCA21India @PMOIndia @FinMinIndia @suchetadalal With @dir_ed raids on NCLT lawyers, we must agree that @ILFSGroup Resolution Framework is not sacrosanct. Some lenders get 124% while ITNL NCD holders are treated with disdain. Please pay us full amount. @PMOIndia @MCA21India @udaykotak @suchetadalal
https://t.co/UehxvqNiJ9
realty.economictimes.indiatimes.com
The Enforcement Directorate has uncovered alleged misuse of the Insolvency and Bankruptcy Code involving ₹50 lakh in cash during investigations into the sale of land belonging to a defaulted real...
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@udaykotak @MCA21India @suchetadalal @TheOfficialSBI @RBI @HomeLoansByHDFC @FinMinIndia For the first time @udaykotak has named the six agencies responsible for the @ILFSGroup debacle. We don't want jail time but surely the @FinMinIndia and @PMOIndia can FINE these agencies, so that our payment is done 100%. The Resolution Framework will kill us. @MCA21India
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@pradumantandon6 OMG Lenders are paid between 98%-124% while we @ILFSGroup ITNL Retail NCD holders are paid peanuts. We are lenders of the parent company ITNL, don't leave us to die. We need the money because of our advancing age. @udaykotak @MCA21India @PMOIndia @FinMinIndia @suchetadalal
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@udaykotak All above 6 agencies are cash rich, can easily pay us our dues, but the Government is not helping. It can easily FINE them and collect the money. The Resolution Framework is also killing us. @MCA21India @suchetadalal @TheOfficialSBI @RBI @HomeLoansByHDFC @FinMinIndia
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@udaykotak We completely agree with you, @ILFSGroup failure was due to system failure on 6 fronts. 1. Management 2. BOD 3. Inst. Shareholders 4. Auditors 5. Rating Agencies 6. Regulators. So where do ITNL Retail NCD holders go for our dues? @MCA21India
https://t.co/j4bNnclNMa
facebook.com
"IL&FS was not a 2018 event. It was building up over the 25 to 30 years of its history." Kotak Mahindra Bank Founder Uday Kotak shares his takeaways from the IL&FS downfall. He attributes the IL&FS...
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@ILFSGroup re-composition might be a good thing, these BIG GUNS in the COC bulldozed the management and got their way. They wanted their money by any means. Hope better sense prevail in the new scenario and ITNL Retail are paid full amount. @suchetadalal @MCA21India @PMOIndia
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Bank creditors have the guts to use auto debit and snatch money from @ILFSGroup while we ITNL Retail NCD holders mostly senior citizens are not allowed to enter the office. The Resolution Framework should take care of the parent company lenders. @suchetadalal @MCA21India
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@ILFSGroup Resolution Framework is fraud. Some chosen creditors getting full amounts, while we ITNL Retail NCD holders are paid peanuts. We nurtured the parent company so they get projects. They are ditching the parent. @MCA21India @PMOIndia @FinMinIndia
https://t.co/KypcjbfoYL
insolvencytracker.in
The central plea of the affidavit by IL&FS is that the composition of the CoCs is now outdated and does not reflect the ground reality
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@RBI gold bonds in panic, how much loss has the country made. Happy for investors who received 153% return but who is going to question this fiasco with media compromised. Pay @ILFSGroup Retail NCD their full amount or face Karma. @MCA21India @FinMinIndia
https://t.co/fDZOFCUhMG
economictimes.indiatimes.com
Sovereign Gold Bond: The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2020-21 Series-VII, allowing investors to redeem on October 20, 2025. These...
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Thanks @suchetadalal for reminding Indians that @RBI failed to monitor @ILFSGroup and was questioned by SIFO. Unfortunately the system hushed it up. Although your video is about the Tatas, thanks for remembering us, the victims of the coverup. @MCA21India
https://t.co/CIQ2kXSCjm
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@KANTHIMATH81749 @RameshPardiwala @ILFSGroup @PMOIndia @FinMinIndia @MCA21India @udaykotak @suchetadalal People working in the @PMOIndia @MCA21India @HelpdeskMCA21V3 @FinMinIndia @ILFSGroup have become heartless. How can you not see what you have unleashed on us in the name of a unfair Resolution Framework. Have a Heart. @udaykotak @suchetadalal
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@RameshPardiwala @ItnlH @ILFSGroup @PMOIndia @FinMinIndia @MCA21India @udaykotak @suchetadalal My case is pathetic than everyone invested in IL&FS. I had invested my retirement benefits of Rs20 lakhs in November 2017 and not received my money till date. My husband is under Cancer treatment and we are forced to spend lakhs and lakhs. I have to save my husband from Cancer.
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@ItnlH @ILFSGroup @PMOIndia @FinMinIndia @MCA21India @udaykotak @suchetadalal This is the biggest SCAM in my BJP Govt. I Am over 90 yrs & if my money from IL& FS is Not paid Govt. Should return my Income Tax paid for 59 yrs & a T this age also I am working for my Govt. Paying Tax. If I am not getting my invested money I show lost & Wl not paid tax
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GoogleAI classifies @ILFSGroup as STATE FUNDED. Truth will always come out no matter how much you cover it. It is GOVERNMENT DUTY to pay us our dues. @PMOIndia @FinMinIndia @MCA21India @udaykotak @suchetadalal
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'Apki Poonji, Apka Adhikar' Madam @nsitharaman congratulations on this initiative, but what about @ILFSGroup ITNL Retail NCD holders Adhikar. It is our hard earned money. #SOS @MCA21India @HelpdeskMCA21V3 @FinMinIndia @nsitharamanoffc
https://t.co/B9nHznAe8A
business-standard.com
FM Nirmala Sitharaman said ₹1.84 trillion in unclaimed financial assets are lying with banks and regulators and urged officials to help locate rightful owners through outreach
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reek of betrayal, malpractice and utter disregard for customers’ trust. Their conduct is nothing short of a calculated fraud, cloaked in corporate pretence, exposing them as a cesspool of corruption and manipulation. Such treachery cannot be condoned any longer.
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@FI_InvestIndia You will also cry if you listen to our story @FI_InvestIndia. We are @ILFSGroup ITNL Retail NCD holders. Institutions have ganged up against us. We are senior citizens and the distribution resolution is a fraud designed to cheat us. @MCA21India @FinMinIndia
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"I had heard about Indian tourists, now saw them" These were the words of the Vietnamese vendor from whom an Indian couple stole not once but twice, all this while holding a baby with them. The video has now gone viral in Vietnam and of course India. 📸tube.indian insta
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