Subhash Chandra insolvency: NCLT issues notices, bars him from disposing of properties

The National Company Law Tribunal issued notices to all parties involved in Subhash Chandra’s insolvency case. It also directed the Essel Group Chairman not to alienate his properties directly or indirectly. The tribunal seeks to examine the dispute over his repayment plan for creditors. This development follows a split verdict from a previous NCLT bench regarding the repayment.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.