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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…
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…
Zee Group founder Subhash Chandra on Sunday shared details pertaining to the NCLT order of settlement after hashtags like ‘PaisaVapasKaro’ trends on social media. “I have seen and observed social media posts since the past three days on the above issue. Some of the posts also included hashtags like #PaiseVapasKaro. There has been a wrong…
News business economy Rs 22,000 Cr Is Not Bank Loan Write-Off, Sources On NCLT Order In Subhash Chandra Case Last Updated:August 27, 2026, 9:22 pm IST Sources said the approved repayment plan was backed by 80.81 per cent of creditors by voting share. Subhash Chandra. (File Photo) The National Company Law Tribunal’s approval of a…
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…
Last Updated:August 27, 2026, 1:37 PM IST NCLT Member (Judicial) Nilesh Sharma approves the plan under Section 114 of IBC, rejecting objections by lenders that the recovery was too meagre to merit approval. Subhash Chandra. (File Photo) The insolvency tribunal NCLT has approved a repayment plan under which media baron Subhash Chandra will pay just…
Last Updated:July 01, 2026, 07:46 IST NCLAT upheld the rights of hundreds of former Jet Airways employees to receive these statutory benefits outside the airline’s liquidation estate. Jet Airways Employees Get Major Relief as NCLAT Orders Full PF, Gratuity Payout The National Company Law Appellate Tribunal (NCLAT) on Tuesday held that workmen are entitled to…
New Delhi: Tata Motors Limited has announced that its demerger into separate commercial vehicle and passenger vehicle businesses will take effect on October 1. The move comes after receiving approvals from its board, regulators, and the National Company Law Tribunal. As part of the demerger, shareholders will receive one share in the new commercial vehicle…
Essel Dispute Status Box: An Essel Group firm, Konti Infrapower and Multiventures, has filed a petition with the National Company Law Tribunal (NCLT) against Kotak Asset Management Company (AMC), alleging failure to fulfil contractual obligations. The company claims that Kotak AMC, acting as a corporate debtor, has not repaid dues amounting to ₹12.99 crore under…
Last Updated:May 26, 2025, 17:55 is The Supreme Court orders a status quo on the liquidation of Bhushan Power & Steel Ltd, halting NCLT proceedings, thus providing relief to JSW Steel. The Supreme Court says JSW Steel’s plan to acquire Bhushan Power was “illegal” and should not have been accepted by the latter’s committee of…