US EditionLodha Developers To Deposit Rs 520 Crore As Security In Legal Case Against VHL
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Lodha Developers To Deposit Rs 520 Crore As Security In Legal Case Against VHL
Lodha Developers Ltd. has been directed to deposit Rs 520.80 crore as security in relation to an ongoing case in the Supreme Court against V Hotels Ltd., which the company acquired last year through an insolvency process.In a regulatory filing on Wednesday, Lodha Developers informed that this matter is related to proceedings initiated by the Enforcement Directorate against the erstwhile promoter of V Hotels. This was in relation to a transaction…
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