IL&FS gets creditors’ approval for sale of education business

IL&FS Group, on November 12, said it has received approval from creditors for sale of education business to Career Point Publications (CPPPL). Schoolnet India Ltd (erstwhile IL&FS Education & Technology Service) would be sold to CPPPL. The Committee of Creditors (CoC) represents all the financial creditors to IL&FS Ltd, the holding company of the IL&FS […]