CBI registers FIR against Subhash Chandra over alleged inflated net worth used to secure Rs 980 crore in loans from LICHFL, causing Rs 1,322 crore loss.

The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal bench hearing his insolvency case. A…

The agency alleged Chandra submitted net worth certificates while guaranteeing loans to two companies that later defaulted. | India News

CBI registers FIR against Subhash Chandra over alleged inflated net worth used to secure Rs 980 crore in loans from LICHFL, causing Rs 1,322 crore loss.