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The tribunal's order allows the sale of 100% shares of Chenani Nashri Tunnelway Ltd (CNTL), held by IL&FS Transportation Networks Ltd (ITNL) and its nominees, to Cube Highways and Infrastructure ...

MUMBAI: National Company Law Tribunal (NCLT) has approved the sale of IL&FS Transportation Networks' Chenani Nashri Tunnelway (CNTL) to Singapore-based Cube Highways for nearly Rs 6,000 crore.