Development · 30 Aug 2026
6 publishers have reported this development. Each act of reporting is below, cited.
Union Bank of India, Canara Bank, and LIC Housing Finance have said they will challenge the NCLT order approving Subhash Chandra's repayment plan.
Union Bank of India, Canara Bank, and LIC Housing Finance moved NCLAT against NCLT's approval of Subhash Chandra's repayment plan that proposes payment of 6.25 crore crore against admitted claims of around 22,006.57 crore.
LIC Housing Finance, Canara Bank, and Union Bank of India will challenge the NCLT approval of Subhash Chandra's repayment plan before the National Company Law Appellate Tribunal.
Canara Bank, Union Bank of India, and LIC Housing Finance plan to challenge the NCLT's approval of a ₹6.25 crore repayment plan proposed by Essel Group founder Subhash Chandra before the NCLAT.
Union Bank of India will challenge the National Company Law Tribunal's approval of a ₹6.5-crore repayment plan in personal insolvency proceedings against Subhash Chandra before the National Company Law Appellate Tribunal.
Union Bank of India, Canara Bank, and LIC Housing Finance decided to challenge the National Company Law Tribunal's decision allowing Zee Group Founder Subhash Chandra's repayment plan to pay 6.5 crore rupees against admitted claims of 22,006.57 crore rupees.
LIC Housing Finance and Union Bank of India will appeal before the National Company Law Appellate Tribunal against the NCLT's approval of a ₹6.5 crore repayment plan in Subhash Chandra's personal insolvency case involving admitted creditor claims of ₹22,006.57 crore.
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