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Business / The Hindu Businessline

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NCLT dismisses Brookfields 1,080 crore bid to acquire IL&FS Mumbai HQ

A spokesperson from Brookfield said that contrary to the argument by ILFS, NCLT has found that the LoI is a concluded contract between the parties. For the dispute over IL&FS unilaterally changing purchase consideration, it intends to pursue remedies including appellate avenues.

1 Dec 2025 8:17 pm