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Pegasus takes partial control of Breeze Hotels
Following an order from the chief metropolitan magistrate, Egmore, Pegasus Asset Reconstruction Company has taken partial possession of Chennai-based Breeze Hotels.
The action comes after the hotel management defaulted the loan taken against mortgage of the property on the Poonamallee High Road, Chennai, to IndusInd Bank.
According to a press note, Pegasus Asset had approached the chief metropolitan
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