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NCLT asks SEBI to conclude probe into Leela's asset sale

Updated : May 30, 2019 08:38 AM IST

The counsel for Hotel Leela Venture had requested that the hearing be adjourned for four months as Sebi's probe is underway.
Hotel Leela Venture had, in March, announced its binding agreement with a Brookfield Asset Management (Brookfield)-sponsored private real estate fund to sell four Leela owned hotels located at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra.
NCLT asks SEBI to conclude probe into Leela's asset sale

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