Mumbai: Real estate firm Hindustan Construction Company (HCC) has received the Golden Peacock Award for excellence in corporate governance for 2007.

The Institute of Directors (IOD) and the World Council for Corporate Governance, UK, have instituted the Golden Peacock Award.

HCC has been selected for the national category and was presented the award at a ceremony held in London, HCC said in a statement.

Former prime minister of Sweden Ola Ullsten chaired the jury and members included former chief justice of India PN Bhagwati, former prime minister of the Netherlands Rudd Lubbers and founder chairman of Insead Olivier Giscard D''estaining.