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NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra

As a result of Chandra being admitted to moratorium, no litigation can be initiated against him. Chandra also cannot alienate or sell any of his assets and the Resolution Professional will now process the claims of those who intend to recover money from him. ....

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NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra: Report

IBHF claimed that while Chandra indicated of a settlement being reached in the dispute, it is yet to be fulfilled. So, they are constrained to revive the personal insolvency plea. The plea was filed under the Insolvency and Bankruptcy Code, 2016 (IBC) ....

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NCLT Admits India Bull's insolvency plea against Subhash Chandra

Indiabulls Housing Finance filed the plea in 2022 after a ₹170 Crore loan to Vivek Infracon turned into non-performing assets. ....

Vivek Infracon , Subhash Chandra , Supreme Court , National Company Law Appellate Tribunal , National Company Law Tribunal , Axis Bank , Indiabulls Housing Finance , Housing Finance ,

NCLT admits Subhash Chandra into personal insolvency on Indiabulls plea

The resolution professional will be appointed to process the claims of those seeking to recover money from him. ....

Subhash Chandra , Vivek Infracon , National Company Law Appellate Tribunal , Axis Bank , Supreme Court , Housing Finance , Bankruptcy Code , Indiabulls Housing Finance , Personal Insolvency , Zee Entertainment Enterprises Ltd , Resolution Professional ,

NCLT Admits Subhash Chandra Into Personal Insolvency On Indiabulls Plea

NCLT Admits Subhash Chandra Into Personal Insolvency On Indiabulls Plea
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