HDFC Bank likely to challenge NCLT order giving 99.97 pc debt haircut to Subhash Chandra

What it is about

Who published it, and when

How it spread - 9 original reports

1. Thu, 27 August 2026

   1 report
   • prokerala.com11:40first to report
     HDFC Bank likely to challenge NCLT order giving 99.97 pc debt haircut to Subhash Chandra

     After an NCLT order approved a repayment plan that grants Essel Group founder Subhash Chandra a 99.97 per cent haircut on admitted creditor dues worth....

2. Fri, 28 August 2026

   2 reports
   • livemint.com12:48
     Indiabulls Housing Finance won't challenge NCLT approval of Subhash Chandra repayment plan

     The housing finance company, through its enforcement and recovery measures, had collected an amount exceeding the amount originally disbursed.

   • deccanchronicle.com19:45
     Loan Controversy--Subash Chandra says Mukesh Ambani tried to takeover Zee

     Zee Group founder disputes Rs 22,006-crore claims and urges Ambani to stop alleged propaganda

3. Sat, 29 August 2026

   2 reports
   • tribuneindia.com07:11
     Explainer: Subhash Chandra, Mukesh Ambani clash over NCLT case, media coverage

     Essel Group chairman Subhash Chandra has taken shot at Reliance Industries chief Mukesh Ambani, accusing Reliance-affiliated media organisations of promoting what he called wrong propaganda against him and his group, while also recalling the unpleasant corporate dispute over Zee Entertainment.

   • moneylife.in09:00
     The Guarantor’s Gambit: Subhash Chandra, Mukesh Ambani, and a ₹22,000-Crore Word War

     Mumbai, 28 August 2026. Four short paragraphs, a corporate letterhead, and a closing line better suited to a condolence card than a rebuttal: an expression of high regard for Subhash Chandra as a businessman and entrepreneur, and a wish that he do well.

4. Tue, 1 September 2026

   1 report
   • Times of India00:00
     5-member NCLT bench to hear Indiabulls plea against Chandra

     A five-member bench is set to examine the plea from Indiabulls Housing Finance against Subhash Chandra. This review follows the NCLAT's validation of a Rs 6.5 crore payment order. Solicitor General Tushar Mehta contends that this ruling undermines the principles of the Insolvency & Bankruptcy Code. The NCLT delivered a divided opinion regarding Chandra's repayment strategy.

5. Wed, 2 September 2026

   2 reports
   • thehindubusinessline.com15:10
     NCLAT keeps lenders appeals pending against order that cut Subhash Chandra’s liability from ₹22,000 crore to ₹6.25 crore

     NCLAT defers lenders' appeals against Subhash Chandra's liability reduction to ₹6.25 crore, pending further proceedings in October.

   • Times of India21:02
     Subhash Chandra questions validity of 'faulty & wrong' NCLT order
6. Sat, 5 September 2026

   1 report
   • Times of India21:23
     CBI FIR against Subhash Chandra in alleged Rs 1,322cr LIC Housing Finance fraud