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INSOLVENCY AND BANKRUPTCY CODE
Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj FinservIndian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to risin...
CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan lossSubhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...
Subhash Chandra case: CBI lodges FIR against Essel Group chairman, others in Rs 1,322 cr fraudThe CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal ...
Finance Minister pitches India's reform-led growth story to US InvestorsIndia remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focu...
FM Nirmala Sitharaman hails India's 7.8% growth despite global disruptions as 'remarkable'India achieved 7.8 percent growth in the first quarter of fiscal year 2026-27. This remarkable expansion positions India as the world's fas...
Corporate stress remains benign despite IBC delays and deep haircuts: KotakIndia's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels su...
Subhash Chandra opposes NCLT’s five-member bench in personal insolvency caseDuring a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT ben...
Breather for creditors: New NCLT bench stays the approval of a repayment plan proposed by Subhash ChandraA special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder fro...
NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...
NCLT forms 5-member special bench to decide Zee founder Subhash Chandra’s Rs 22,006-crore repayment planThe NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Chandra’s repayment plan after three ...
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
Zee Entertainment shares crash 14% amid Subhash Chandra’s 99.97% loan haircut rowZee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a r...
Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
Zee founder Subhash Chandra's next move: An investment job in SwitzerlandSubhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 crore for a repayment plan. Credito...
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payoutThe NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drast...
Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra planThe insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore c...