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Union, Canara Bank to appeal NCLT's Chandra order

MUMBAI: Canara Bank and Union Bank of India are challenging NCLT's approval of Zee group founder Subhash Chandra's repayment plan, under which creditors would recover 0.03% of their admitted claims relating to his liabilities as a personal guarantor, arguing that the plan was approved despite opposition from public-sector creditors.

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Union, Canara Bank to appeal NCLT's Chandra order

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Timeline cronologica

mercoledì 26 agosto 2026·thehindubusinessline.com
NCLT clears Subhash Chandra’s ₹6.5 crore repayment plan against ₹22,006 crore claims
NCLT approves Subhash Chandra's ₹6.5 crore repayment plan against ₹22,006 crore claims, raising concerns over creditor recovery expectations.
giovedì 27 agosto 2026·thehindu.com
Subhash Chandra gets relief in personal guarantee case as leading banks face 99% haircut
Subhash Chandra's personal guarantee case resolves with creditors accepting a ₹6.5 crore repayment, facing a 99% loss.

Union, Canara Bank to appeal NCLT's Chandra order

Confronto fonti

Union, Canara Bank to appeal NCLT's Chandra order

Timeline cronologica

NCLT clears Subhash Chandra’s ₹6.5 crore repayment plan against ₹22,006 crore claims

Subhash Chandra gets relief in personal guarantee case as leading banks face 99% haircut

Union Bank, Canara Bank and LIC Housing Finance to challenge NCLT’s decision allowing Zee Group Founder…

Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution plan

These financial institutions are opposing Subhash Chandra's ₹6.25cr repayment plan

HDFC Bank may appeal ₹6.5-cr repayment plan for Subhash Chandra

HDFC Bank plans to move NCLAT against NCLT order in Subhash Chandra case

HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency order

HDFC likely to challenge NCLT order as Subhash Chandra clarifies claims of only ₹3,992 crore

NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on order

HDFC Bank, LIC Housing Finance to contest Zee resolution

HDFC looks to appeal 99.97% haircut on claims against Zee’s Chandra

HDFC Bank may appeal ₹6.5-cr repayment plan for Subhash Chandra

How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 crore

HDFC Bank plans to move NCLAT against NCLT order in Subhash Chandra case

99.97% haircut? How the scissors worked in the Subhash Chandra case

Subhash Chandra airs plan to visit Switzerland in the next two weeks

Lenders to turn cautious on personal guarantee after NCLT verdict in Chandra’s case

Bankers question role of RP in the Subhash Chandra case and how net worth was computed

Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut row

Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution plan

Zee founder Subhash Chandra's next move: An investment job in Switzerland

Canara Bank, Union Bank of India, LIC Housing Finance to challenge NCLT nod to Subhash Chandra's ₹6.25-cr repayment plan

These financial institutions are opposing Subhash Chandra's ₹6.25cr repayment plan

Union Bank, Canara Bank and LIC Housing Finance to challenge NCLT’s decision allowing Zee Group Founder Subhash Chandra’s repayment plan