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BRIEF-Binani Industries' unit appoints advocate commissioner to take possession of mortgaged properties
December 20, 2016 / 10:41 AM / a year ago

BRIEF-Binani Industries' unit appoints advocate commissioner to take possession of mortgaged properties

Dec 20 (Reuters) - Binani Industries Ltd

* Says unit appointed advocate commissioner to take possession of properties mortgaged in favour of banks

* Says possession to be taken on or after Dec 26, 2016

* Says co looking into the matter; will take suitable legal remedies

* Says have been advised the action is illegal Source text: bit.ly/2h5t8pw Further company coverage:

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