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LOAN REPAYMENT CLAIM
Builder fails to deliver pool, gym, spa and other amenities; Karnataka RERA orders Rs 10 lakh compensation to homebuyersBangalore: For lack of pool, open gym, spa, open amphitheatre & other amenities by builder as promised, homebuyers win Rs 10 lakh compensat...
CEO asks ex to return Rs 3.53 crore he spent on Hermes, Prada gifts, cites Rs 1.55 crore crdit card charges, Rs 12.8 lakh feng shuiTCI Express CEO Chander Agarwal lost his Singapore lawsuit seeking S$468,090 (about Rs 3.53 crore) from former girlfriend Felicia Lee after...
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
EPF advance rules: You can withdraw EPF money for these 5 reasons; check limitsMembers of the Employees Provident Fund Organisation can access their savings in times of need, such as emergencies and personal circumstan...
Student or parent: Who should be the primary borrower for education loan? Check repayment and tax implications before decidingDetermining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borro...
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SBI loses original papers for property loan; court orders bank to pay Rs 5,000 per day penaltyThe Bombay High Court ordered State Bank of India to pay daily compensation. This order came after the bank admitted losing original proper...
VC-backed B2B firms feel the weight of growth-era debtIndia’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...
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 ...
NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...
Subhash Chandra insolvency case: NCLAT defers hearing to October 7NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his counsel challenged the constitutio...
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...
Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debtSubhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstandi...
Group entities to reconcile, settle dues with lenders: Essel ChairmanSubhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlig...
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...
Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution planCanara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the p...
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...
NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on orderThe National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writi...
HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency orderHDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent ha...