The National Company Law Tribunal (NCLT) in India has initiated insolvency proceedings against media mogul Subhash Chandra, following a plea by Indiabulls Housing Finance. Chandra, the founder of Zee Entertainment Enterprises, is facing insolvency due to his role as a personal guarantor on a defaulted loan.
#SC issues notice to #JKC and #JetAirways on #SBI-led consortium's petition challenging #NCLAT's March order https://t.co/jviYcINLmt
#NCLT admits #IndiabullsHousingFinance #insolvency plea against #SubhashChandra https://t.co/Nzf2S2vtIL
Media Baron Subhash Chandra Faces Insolvency Proceedings on Indiabulls Plea https://t.co/Rp2dyPAN6M
#NCLT orders #insolvency proceedings against #SubhashChandra on #Indiabulls Housing Finance plea https://t.co/iTzTU2MNO9 https://t.co/wlKnY0xyW1
Law Tribunal Orders Insolvency Proceedings Against Media Baron Subhash Chandra https://t.co/q6czzp4hhX https://t.co/iOpyMTH7TO
#SubhashChandra faces insolvency after defaulting on a loan as a personal guarantor https://t.co/OVjnjMJpah
A bankruptcy court in India has begun insolvency proceedings against Zee Entertainment Enterprises' founder Subhash Chandra on a plea by Indiabulls Housing Finance following a loan default https://t.co/uhp9YWteqW