Thank you for the reply.

I tried approach related to remote displacement, (in attached picture you can the boundary conditions ).
I have applied 2 remote displacement to each lifting lug inner surface with (X,Y,Z displacements to zero and rotation about X=0) and considered point mass 1kg with large defletion OFF. But in this case I am getting unbalanced deformation (in attached picture). My geometry is symmetric. I don't understand why is it so ??
In reality Cover plate is deforming high in the middle (not at the corner) and lifting in reality is at some angle (in picture first picture) (This reality simulation I would do with ''Link180 element''- But I am looking for some tutorial related to this).

Thank you!

Best regards Vishal