NCLT admits insolvency plea filed by Indiabulls against Essel Group Chairman Subhash Chandra

Indiabulls had moved the Tribunal under Section 95 of the Insolvency and Bankruptcy Code (IBC) over outstanding loan amounts to be furnished by Chandra.

The National Company Law Tribunal (NCLT) Delhi has admitted a petition filed by Indiabulls Housing Finance (IBHF) seeking initiation of insolvency proceedings against Essel Group Chairman Subhash Chandra.

Loading content, please wait...

Related Stories

No stories found.
Bar and Bench - Indian Legal news