IL&FS Trust Company Limited

IL&FS Trust Company Limited (ITCL), a subsidiary of IL&FS, is one of the leading fiduciary service providers in India

ITCL provides various trusteeship and allied services as an Independent Fiduciary Service Provider for:

  • debt issuances and loans
  • securitised paper
  • mutual funds, private equity, venture capital funds
  • social trusts, not for profit trusts and other special purpose vehicles

Our personalised and multidisciplinary approach encourages our Customers to choose the structure best suited to their requirements

Vision

ITCL's Vision is to
Be the first choice global fiduciary service provider, protecting the interest of the participants in commercial transactions by

  • Pioneering innovative solutions
  • Demonstrating integrity, transparency and consistency
  • Leveraging domain knowledge and technology

With an empowered team resulting in enhanced stakeholder's value

Delivery Bandwidth

ITCL delivers services in the value chain beginning with the appraisal of loans to disbursement till full closure of the loan, NPA recoveries, safeguarding and others

ITCL's strength is backed by

  • its empowered team of finance and legal professionals,
  • its ability to thoroughly understand financial markets structured instruments, project finance, infrastructure finance,
  • technology driven systems and processes to best take care of systemic requirements of the transaction
  • ISO 9001:2000 certified processes
  • a strategic arrangement with Bank of New York (BNY) to provide fiduciary and trust services

BNY, rank 1 trustee for all U.S. and International public and private debt, is one of the world's largest trust banks, servicing over 90,000 issues, representing over $1 trillion in outstanding debt

Suite of Products

At ITCL, we provide tailor-made fiduciary services that meet the evolving demands of the financial services sector. We believe that a sound transaction structure leads to identification and management of risks in the process of delivery. The ability to identify mitigation measures between borrowers and lenders ensures ease of resolution. The transaction documentation executed by us incorporates these principles. Our well-structured monitoring framework reinforces them through review of fiduciary roles and responsibilities

Debenture / Bond Trusteeship
Trusteeship for vanilla / structured debt offerings, be it private placement or public issuances for corporates, public sector enterprises and institutions

Security Trustee
Holding Borrower’s assets including interest in underlying security on behalf of multiple Lenders and includes other services in the value chain supplementing complex structures of the transactions, such as, Facility Agent, Escrow Agent, Trust and Retention Account Agent, Monitoring Agent, Inter-creditor Agent etc

Trusteeship and Investor Representative for Securitised Paper
Host of services are provided starting from setting up of the Trust, ensuring receipt of cash flows, servicing of PTCs, compliance with rating conditions, Investor servicing – payout computations and timely deliveries, complying with waterfall mechanisms, back-office support, pool performance reviews etc

Fiduciary Services for Funds
Trusteeship for Private Equity and Venture Capital Funds, Mutual Funds, Employee Welfare Trusts, comprehensive back office and compliance activities for the same

Asset Preserve
An alternate approach to complete succession / wealth planning for High Net Worth Individuals through a combination of trust structures, wills and consequent executorship arrangements

Debt Recovery and Receivership
Facilitating Banks, FIs and Corporations recover their dues / enforce their securities, expeditiously, through the Debt Recovery Tribunal, SARFAESI or otherwise. ITCL is the sole empanelled DRT Receiver in Mumbai

e-Access Storage
Providing a secure document management solution with an ‘anywhere – anytime’ electronic access facility for critical client documents

Legal Back Office Services
Documentation and due diligence activities for loans, property or business acquisitions, private equity / venture capital investments

For More Information
Visit