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RESOLUTION PLAN
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...- 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...
- 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...
- Housing society redevelopment: 5 legal checks to make before choosing a builder-led or self-redevelopment projectRevamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or e...
- 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...
- 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 ...
- 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...
- 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...
- '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...
- Meghalaya Assembly passes resolution against uranium mining, processingMeghalaya's Assembly adopted a resolution opposing uranium mining and processing facilities. Chief Minister Conrad Sangma tabled the resolu...
- PM Modi reviews projects with investment of Rs 30,000 crore under PRAGATI meetingPrime Minister Narendra Modi chaired the 53rd PRAGATI meeting reviewing six key infrastructure projects. These projects span nine states wi...
- BJP targets Gen Z voters with new outreach plan; Nitin Nabin, Smriti Irani, Vinod Tawde part of special teamThe BJP has formed a special team to focus on outreach to Gen Z voters. This new initiative aims to understand and engage with young people...
- PM Modi arrives at BJP HQ after party passes resolution on 'Vande Mataram', announces nationwide awareness campaignThe Bharatiya Janata Party has publicly criticized the Congress Working Committee's recent stance on Vande Mataram, deeming it a disregard ...
- Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
- Firm linked to LNJ Bhilwara buys Max Group apartment in Noida for Rs 37 croreA luxury apartment in Noida sold for thirty-seven crore rupees. This transaction highlights growing demand for managed communities and prim...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
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