new delhi ilfs the financial institution that controls maytas properties is in talks with srs orion an investor in the scamhit realty company to resolve the differences between them mauritiusbased srs is seeking conversion of its compulsory convertible debentures ccd in maytas properties mpl into shares and appointment of its directors on the board of the real estate company srs orion has invested around rs 600 crores in mpl it had questioned mpls revival plan in which 80 per cent of the companys shares were transferred to ilfs for just rs 20 lakh under the revival plan the government controlled board of mpl transferred the shares to ilfs the matter is pending before the company law board clb where it was adjourned today to april 24 on the request of parties counsel appearing for the parties said that settlement talks among the parties concerned are going on if the settlement fails then the board would start its final hearing in the matter said a counsel associated with one of the parties