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5-member NCLT bench to hear Indiabulls plea against Chandra

Times of India · 1 September 2026 at 5:30 am

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.

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This story in other outlets

NCLT's first-ever 5-member Bench to decide on Subhash Chandra repayment plan

The Hindu · 4 h ago

5-member NCLT bench to hear Indiabulls plea against Chandra

This story in other outlets

NCLT's first-ever 5-member Bench to decide on Subhash Chandra repayment plan

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