- Vijay Mallya congratulated Subhash Chandra on settling creditor claims and questioned the government in Parliament.
- Under NCLT order, Subhash Chandra faces creditor claims.
- Subhash Chandra's repayment plan faces scrutiny as Canara Bank and Union Bank of India challenge the NCLT order regarding his debt.
Essel Group chairman approved a payment during the insolvency process, while Canara Bank was involved in legal matters concerning Subhash Chandra's debt.
2 reports, 2 independent
Updated Sep 6
Gone quiet
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Essel Group chairman approved a payment during the insolvency process, while Canara Bank was involved in legal matters concerning Subhash Chandra's debt.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Bank challenges Chandra's estate valuation and claims in the insolvency process.1 source
Essel Group approved a payment in insolvency, and Canara Bank was involved in legal representation for Chandra.1 source
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The entities involved
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Essel Group
Indian conglomerate
Nothing else this week.
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Canara Bank
Indian public sector bank
Nothing else this week.
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Tushar Mehta
Solicitor General of India
Related events
- Essel Group is now facing insolvency proceedings in India.
- The chairman of Essel Group is facing insolvency proceedings.
- CBI registered FIRs against Subhash Chandra and Essel Group regarding alleged loan fraud.
- KTR seeks answers from Centre leadership regarding Subhash Chandra's insolvency case involving Essel Group.
- Subhash Chandra defends Essel Group's financial liabilities and claims in court.