New Delhi, India  
Breaking News

One Time Settlement (OTS)

NCLT Approves Subhash Chandra's Rs 6.5 Crore Settlement Against Rs 22,006 Crore Debt
Executive
NCLT Approves Subhash Chandra's Rs 6.5 Crore Settlement Against Rs 22,006 Crore Debt

The NCLT on August 26 approved Essel Group founder Subhash Chandra's repayment plan of Rs 6.5 crore against admitted claims of Rs 22,006.57 crore, a 99.97% creditor haircut. NCLT Member Nilesh Sharma ruled as tiebreaker after a split bench. Congress's Jairam Ramesh called it a "mundan" and a complete mockery of the IBC.

Read Full Article


New Release

Senior Citizens Rights Handbook

The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.

Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email