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Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt
Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstanding dues and defending his personal insolvency plan. Borrowers linked to his Essel Group have agreed to settle their obligations. Chandra stated he acted as a guarantor for these borrowing entities. Lenders are challenging the low recovery from his personal estate.
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economictimes.indiatimes.com
Reliance Group rejects Subhash Chandra’s remarks as 'baseless'
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…
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Bankers question role of RP in the Subhash Chandra case and how net worth was computed
Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs…
