NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claim...

The NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...

The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writi...

HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent ha...

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any len...

The 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...

The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore c...

By the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...

The Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...

Insolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...

Mumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...

Insolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...

As per the approved resolution plan, it said, "an implementation and monitoring committee has been constituted (IMC), which is inter alia e...

The Mumbai bench of the National Company Law Tribunal (NCLT) passed the order on a petition filed by Beacon Trusteeship.

A referral to the NCLT, which will happen after the RBI informs the government and a notification is issued, will help ease DHFL’s troubles...

To file an application under Section 230 of Companies Act with an aim to propose a plan for settlement of dues.

SBI, PNB and RBL Bank are among the lenders that have now voted in favour of the promoter’s resolution plan.