Reliance Group has rejected Essel Group chairman Subhash Chandra's claims as baseless. Chandra disputes a Rs 3,900 crore claim before the National Company Law Tribunal. He stated his group borrowed Rs 45,000 crore and repaid most of it. Reliance expressed dismay over Chandra's remarks about their media businesses. The group holds Chandra in high regard as a businessman and entrepreneur.

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs…

Reliance Group has rejected Essel Group chairman Subhash Chandra's claims as baseless. Chandra disputes a Rs 3,900 crore claim before the National Company Law Tribunal. He…