Canara Bank, Union Bank of India, and LIC Housing Finance plan to contest the NCLT's approval of Subhash Chandra's ₹6.25-crore repayment proposal, intensifying the legal conflict.

The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore claims. This represents a nearly 99.97…

NCLT approves Subhash Chandra's ₹6.5 crore repayment plan against ₹22,006 crore claims, raising concerns over creditor recovery expectations.

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…

HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent haircut for lenders. HDFC Bank's claim of…

HDFC Bank plans to appeal NCLT's order permitting Subhash Chandra's ₹6.5 crore repayment despite claims of ₹22,000 crore.

HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. …

MUMBAI: With the National Company Law Tribunal this week clearing a repayment plan offering only Rs. 6.5 crore in a case concerning Zee Group’s Subhash Chandra’s personal…

NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claims in insolvency case. The 99.97%…