A Division Bench had failed to reach a majority verdict in a personal insolvency case involving claims of more than ₹22,000 crore
The case concerns proceedings by Indiabulls Housing Finance over a ₹170-crore loan given to Vivek Infracon Private Limited, for which Mr. Chandra had provided a personal guarantee
Subhash Chandra insolvency: Why are creditors set to recover only ₹6.5 crore against ₹22,006 crore claims? The Hindu Subhash Chandra To Take Up Job In Switzerland After Rs 22,006-Crore Debt Cut NDTV IBC and the “Haircut” Debate: Recovery and Resolution Vajiram & Ravi Lenders oppose Subhash Chandra haircut, challenge Rs 6.25 crore plan in Essel...
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's ins The Economic Times Subhash Chandra insolvency: Why are creditors set to recover only ₹6.5 crore against ₹22,006 crore claims? The Hindu IBC and the “Haircut” Debate: Recovery and Resolution Vajiram & Ravi Lenders oppose Subhash Chandra...
Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 crore The Economic Times Bira 91 beer maker in more trouble? HNGIL slaps B9 Beverages with ₹11.77 crore default notice, plans to move NCLT Livemint Hindusthan National Glass Issues IBC Notice To B9 Beverages Over ₹11.77 Crore Dues Whalesbook HNGIL Issues Default Notice to Bira 91, Plans NCLT...
The personal insolvency proceedings against Chandra were initiated by Indiabulls Housing Finance Limited.
Subhash Chandra breaks silence on NCLT order, disputes ₹3,900 crore claim, says most group debt repaid Livemint Union Bank To Challenge Approval Of Subhash Chandra's Insolvency Plan NDTV HDFC Bank plans to move NCLAT against NCLT order in Subhash Chandra case The Hindu Sold house, personal assets, now living on rental income: Zee founder Subhash...
Subhash Chandra gets relief in personal guarantee case as leading banks face 99% haircut The Hindu NCLT ruling reduces Subhash Chandra’s liability from over ₹22,000 crore to ₹6.25 crore in insolvency case Bar and Bench "Indian Debt Resolution": Vijay Mallya On Subhash Chandra's 99.97% Debt Haircut NDTV ‘Neta-Company Loot Tribunal’: Congress...
Congress slams, Vijay Mallya cheers as NCLT lets Subhash Chandra pay Rs 6.5 crore for 22,006-crore dues Telegraph India Subhash Chandra's Rs 22,006-Crore Debt Cut To Just Rs 6.5 Crore. Here's Why NDTV Rs 22,006 crore claim, Rs 6.5 crore payout: Why NCLT’s Subhash Chandra order puts lens on insolvency framework The Indian Express NCLT ruling...
