NCLT approves sale of IL&FS shares in GIFT City to Gujarat Government

NCLT approves sale of IL&FS shares in GIFT City to Gujarat Government
Gujarat GIFT City DNA India

The National Company Law Tribunal has approved the sale of IL&FS shares in Gujarat International Finance Tec-City Company Limited (GIFTCL/ GIFT City) to Gujarat Government for an aggregate sale consideration of Rs 32,70,94,000. (NCLT Order - IL&FS vs UOI- GIFT City)

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