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National News

The Navhind Times

National / The Navhind Times

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Banks to challenge Essel Group NCLT order

LIC Housing Finance, Canara Bank and Union Bank of India have opposed Essel Group chairman Subhash Chandras repayment plan in his personal insolvency case and will challenge its approval by the National Company Law Tribunal (NCLT) before an appellate tribunal. The three organizations said they collectively accounted for 8.45 percent of the voting share in []

31 Aug 2026 12:41 am