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DLF LTD. - Clarification from DLF Ltd
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27 Aug 2014
The Exchange had sought clarification from the Company with respect to the news flash about Supreme Court directs DLF to pay Rs.630 Crores.&lt;br/&gt;&lt;br/&gt;DLF Ltd has replied as under :&lt;br/&gt;&lt;br/&gt;&quot;The Appeal filed by DLF against the Order of the COMPAT has been admitted today by the Honble Supreme Court of India. The Hon&apos;ble Supreme Court directed DLF to deposit Rs. 630 crore in an interest-bearing fixed deposit with the Court for the duration of the Appeal proceedings. The amount is to be deposited within a period of three months, of which Rs. 50 crore is to be deposited within three weeks. The entire deposit is subject to the final decision of the Honble Supreme Court.&lt;br/&gt;&lt;br/&gt;The copy of the order passed today by the Honble Supreme Court is still awaited.&lt;br/&gt;&lt;br/&gt;DLF will take all steps to comply with the directions of the Honble Supreme Court and remains confident of the merits of its case.&quot;
View all announcements for DLF LTD. Source: BSE India