IL&FS entity West Gujarat Expressway gets NCLAT relief in NHAI project termination case

Insolvency appellate tribunal NCLAT has extended the implementation date of a contract termination letter issued by NHAI to IL&FS group company West Gujarat Expressway Ltd for a project to April 1, 2022.

A two-member bench observed that the resolution of West Gujarat Expressway is at a “critical stage” and expected to be completed by March 31, 2022.

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