Brief: Forbes & Company Terminates Agreement With Videocon Realty & Infrastructure
20/02/2019 12:04
Feb 20 (Reuters) - Forbes & Company Ltd FBGX.BO :
* VIDEOCON REALTY AND INFRASTRUCTURE DELAYED CRITICAL
PROJECT
PAYMENTS, BREACHED TERMS OF DEAL FOR DEVELOPMENT OF PROJECT
VICINIA
* FORBES & COMPANY - CO TERMINATED AGREEMENT WITH VIDEOCON
REALTY
AND INFRASTRUCTURE
* FORBES & COMPANY LTD - CONSEQUENT TO TERMINATION, PARTIES
HAVE
AGREED TO RESOLVE DISPUTES THROUGH ARBITRATION
Source text : https://bit.ly/2GBbDep
Further company coverage: FBGX.BO
((Reuters.Briefs@thomsonreuters.com;))
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