AppointsVineetNayyarasMD,chalksoutroadmaptoputtroubledfirmbackontrackbymonthend
The newly appointed board of troubled project developer and financier Infrastructure Leasing and Financial Services (IL&FS) met on Friday to take stock of the situation, and started preparing a roadmap to bring the company out of the trouble. However, chairman of the board, Uday Kotak, indicated that the journey would be a challenging one.
To start with, the board appointed one of its members — Vineet Nayyar — as vicechairman and managing director.
Statutory committees
It also formed four statutory committees — audit committee, nomination and remuneration committee, stakeholder relationship committee and corporate social responsibility committee, and appointed members.
Esta historia es de la edición October 05, 2018 de The Hindu.
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