NCLT forms 5-member bench in Subhash Chandra case: Payment of only Rs 6.5 crore against claims of Rs 22 thousand crore; hearing today

NCLT forms 5-member bench in Subhash Chandra case: Payment of only Rs 6.5 crore against claims of Rs 22 thousand crore; hearing today

New Delhi1 hour ago copy link The National Company Law Tribunal (NCLT) on Monday formed a five-member bench in the case related to the personal insolvency process of Subhash Chandra. This bench will decide on the payment of Rs 6.5 crore. There are claims of more than Rs 22 thousand crore in this case. The…

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NCLT forms 5-member bench in Subhash Chandra case: Payment of only Rs 6.5 crore against claims of Rs 22 thousand crore; hearing today

NCLT forms 5-member bench in Subhash Chandra case: Payment of only Rs 6.5 crore against claims of Rs 22 thousand crore; hearing today

New Delhi5 minutes ago copy link The National Company Law Tribunal (NCLT) on Monday formed a five-member bench in the case related to the personal insolvency process of Subhash Chandra. This bench will decide on the payment of Rs 6.5 crore. There are claims of more than Rs 22 thousand crore in this case. The…

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Subhash Chandra gets big relief from NCLT: Will give only ₹ 6.5 crore instead of loan of ₹ 22,006 crore, banks will have to bear the loss of 99.97%

Subhash Chandra gets big relief from NCLT: Will give only ₹ 6.5 crore instead of loan of ₹ 22,006 crore, banks will have to bear the loss of 99.97%

35 minutes ago copy link NCLT has approved the plan to settle the total debt of ₹ 22 thousand crore in the personal insolvency case of Zee Group founder Subhash Chandra for just ₹ 6.5 crore. Due to this, the lending banks and financial institutions will have to bear the loss of 99.97% of their…

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