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Crime & Justice News

The Times of India

Crime & Justice / The Times of India

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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.

1 Sep 2026 5:30 am