Tag Archives: insolvency

DB Realty falls 7% after LIC Housing Finance files insolvency plea against co in NCLT

DB Realty¬†fell over 7 percent intraday on Thursday as investors turned wary of the stock on the back of insolvency proceedings reports. LIC Housing Finance is believed to have filed insolvency plea against the company in the National Company Law Tribunal (NCLT), CNBC-TV18 reported, quoting news agency Cogencis. According to a report in¬†DNA, the company is said to have defaulted ... Read More »