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Indiabulls Housing Finance: NCLT admits Indiabulls Housing's insolvency plea against Subhash Chandra, ET RealEstate

Indiabulls Housing Finance: A two-member Delhi bench of the NCLT directed initiation of personal insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL) Chairman Emeritus Chandra, who was a guarantor for a loan given to Essel group firm Vivek Infracon Ltd. ....

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NCLT orders insolvency proceedings against Subhash Chandra

Indiabulls Housing Finance Ltd (IHFL) had moved NCLT after Vivek Infracon had in 2022 defaulted a payment of around Rs 170 crore. Vivek Infracon is a part of Essel Group promoted by Chandra. ....

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