IL&FS financial centre sale stuck over valuation
Wednesday, 13 November 2024
IL&FS has reevaluated its Mumbai headquarters, TIFC, increasing its value to Rs 1,700 crore, a 57% jump from the highest bid received in 2021. This move has sparked a legal battle with the winning bidder, Chronos Properties, who challenged the revised valuation in the National Company Law Tribunal.
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