NCLT approves IL&FS stake sale in GIFTCL to Gujarat government

The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various expenditures, other applicable taxes from the sale proceeds of the applicant's shareholding in GIFTCL to the Gujarat government.

from Banking/Finance-Industry-Economic Times https://ift.tt/2yHHacw