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Tag: Essel Group insolvency proceedings

NCLT five-member Bench stays approval of Subhash Chandra’s ₹6.25-crore repayment plan

Posted on September 1, 2026 By admin
NCLT five-member Bench stays approval of Subhash Chandra’s ₹6.25-crore repayment plan

Essel Group founder Subhash Chandra. File A five-member Bench of the National Company Law Tribunal (NCLT) on Tuesday (September 1, 2026) stayed an August 25 order approving a ₹6.25-crore repayment plan proposed by Essel Group founder Subhash Chandra in personal insolvency proceedings against him, after finding that no clear majority view had emerged among the…

Read More “NCLT five-member Bench stays approval of Subhash Chandra’s ₹6.25-crore repayment plan” »

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