Brief: D B Realty says LIC Housing Finance filed application to initiate CIRP against co

Valor Estate

13/10/2017 06:14

Oct 13 (Reuters) - D B Realty Ltd  DBRL.NS  
    * Clarifies on news item "DB Realty falls 7 percent after 
LIC Housing Finance files insolvency plea against co in NCLT" 
    * LIC has filed application by financial creditor to 
initiate corporate insolvency resolution process against co for 
recovery of outstanding money 
    * Setllement talks in progress between LIC Housing Finance, 
co 
 
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