Cash-strapped Hotel Leelaventure defaults on payment of quarterly interest of Rs 2.12 crore to LIC
Hotel Leelaventure, which currently has a debt of over Rs 3,600 crore, had issued secured redeemable non-convertible debentures on private placement basis aggregating to Rs 90 crores to LIC in December, 2008.
The post Cash-strapped Hotel Leelaventure defaults on payment of quarterly interest of Rs 2.12 crore to LIC appeared first on Firstpost.
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