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Source: Economic Times
Economic Times
Source
Appointments & Movements
Category
4 min
Read time
31 Aug
Published
Appointments & Movements
4 min read· Economic TimesSubhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order
Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the…
Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the
#CANARA
Source: Economic Times