Global banking giant HSBC has filed a winding up petition in a Singapore court against an overseas subsidiary of IL&FS Transport Services Ltd (ITNL) for recovery of dues totalling more than Rs 1,000 crore.
HSBC ILFS Case - HSBC Files Rs 1000 Crore Recovery Case Against IL&FS In Singapore Court
In the first such case against a group entity of crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&...