Five-member NCLT bench issues notices in Subhash Chandra insolvency case
- Posted on September 1, 2026
- By Business News Today
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Five-member NCLT bench issues notices in Subhash Chandra insolvency case
A five-member NCLT bench issued notices in Subhash Chandra's insolvency proceedings. This bench was formed after a previous one could not agree. The case involves creditor claims exceeding twenty-two thousand crore rupees. Chandra proposed a repayment plan of six point five crore rupees. The tribunal will now examine the legality of this proposed repayment.
