2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The National Company Law Tribunal has given its nod to sell how much stake in GIFT City held by crisis hit Infrastructure Leasing and Financial Services to the Gujarat state government?
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30%
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50%
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40%
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60%
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Explanation:
Detailed explanation-1: -The Principal Bench of National Company Law Tribunal (NCLT) has approved the stake sale of IL&FS in Gujarat International Finance Tec-City Company Limited (GIFTCL) to the Government of Gujarat . The crisis-ridden IL&FS holds 50 per cent stake in GIFTCL.
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