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PERSONAL INSOLVENCY PROCEEDINGS
NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating properties- ET Exclusive: 'Personally, I don’t have any assets. That is a stated fact,' says Zee founder Subhash Chandra amid 99.97% haircut row
- Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt
- 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...31 Aug, 2026, 12.20 PM IST
- 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...31 Aug, 2026, 01.08 AM IST
- Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...30 Aug, 2026, 04.24 PM IST
- 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...29 Aug, 2026, 03.54 PM IST
- Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut rowSubhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the insolvency plan, while rental inco...29 Aug, 2026, 01.06 PM IST
- 99.97% haircut? How the scissors worked in the Subhash Chandra caseNCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claim...28 Aug, 2026, 01.59 PM IST
- How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...28 Aug, 2026, 11.23 AM IST
- 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...27 Aug, 2026, 09.50 PM IST
- 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...27 Aug, 2026, 09.05 PM IST
- Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against himMedia baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any len...27 Aug, 2026, 08.44 PM IST
- Round-tripping: How a company hands itself money and calls it your investment – fooling investors and regulators alikeShare capital looks like one of the simplest numbers on a balance sheet. A company issues a certain number of shares, investors pay for the...21 Aug, 2026, 10.27 PM IST
- Paid Rs 46 lakh for flat in 2019, but builder didnt deliver even after 6 years; wealth manager shares how buyer got Rs 1 crore payout from courtA Chennai couple who paid Rs 46 lakh for a flat in 2019 allegedly waited years without receiving possession, while continuing to pay both r...20 Aug, 2026, 01.44 PM IST
- NCLAT upholds insolvency proceedings against Nyka Steel guarantor over UCO Bank duesThe NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, ...15 Aug, 2026, 01.20 PM IST
- SC says insolvency shield cannot protect real estate promoters from homebuyers' casesThe Supreme Court ruled promoters and directors cannot use insolvency moratorium against homebuyers. This decision provides significant rel...28 Jul, 2026, 12.51 PM IST
- Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...23 Jul, 2026, 09.06 PM IST
- ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...17 Jul, 2026, 09.07 PM IST
- IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firmsPersonal guarantors of struggling companies may lose their interim moratorium protection, as the insolvency regulator proposes changes to p...02 Jul, 2026, 11.39 PM IST
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