Lenders to GTL Infrastructure Limited (BSE:532775) (‘GTL’) have agreed to a sale of assets of the company, which will be divided among them under an agreed formula, according to a report by Mint. All the parties including GTL, its offshore lender Standard Chartered Bank Mauritius, which had filed a winding-up petition on behalf of non-convertible debenture holders, and a consortium of 17 banks led by the IDBI Bank filed the settlement in court. GTL will be able to sell its assets now, but the company will have to first get the consent of its corporate debt restructuring lenders. An email query sent by Mint to IDBI Bank Ltd did not elicit any response, while Standard Chartered Bank declined to comment on the development. “The parties have agreed to settle matters outside court in an amicable manner,” said a GTL spokesperson in response to Mint’s detailed email query.