Published:October 14, 2017 2:15 am
DB Realty said it had availed a loan of Rs200 crore from LIC Housing Finance in January 2010 and Rs188 crore was disbursed
DB Realty has said that its lender LIC Housing Finance has referred the company to the Mumbai bench of the National Company Law Tribunal (NCLT). The Mumbai-based realtor said in a recent regulatory filing that the case is listed under the caption for settlement on October 16. DB Realty said it had availed a loan of Rs200 crore from LIC Housing Finance in January 2010 and Rs188 crore was disbursed. Of the disbursed loan, Rs157.37 crore was repaid and the restRs30.6…
Read the full article at: http://indianexpress.com/article/business/companies/lic-housing-takes-db-realty-to-nclt-for-loan-settlement-4889365/