Tag: LIC Housing Finance

NEWS DELHI: LIC Housing Finance has taken symbolic possession of a Churchgate property in Mumbai whose guarantor was Essel Group Chairman Subhash Chandra for non-payment of dues.In a newspaper advertisement published on Saturday, LIC Housing Finance said it had issued a demand notice calling upon the borrower Vasant Sagar Properties, PAN India Infraprojects with guarantor Subhash Chandra to repay the aggregate amount of Rs 570 crore.LIC Housing Finance said that the borrowers and guarantors have failed to repay the amount and the company has taken symbolic possession of...