- Indian debt funds faced defaults involving Essel Group companies.
- Essel Group is now facing insolvency proceedings in India.
Subhash Chandra defends Essel Group's financial liabilities and claims in court.
1 report, 1 independent
Updated Jan 9
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What happened
Subhash Chandra defends Essel Group's financial liabilities and claims in court.
Who's involved
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The entities involved
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Essel Group
Indian conglomerate
Nothing else this week.
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Subhash Chandra
researcher ORCID: 0000-0002-1385-879X
Nothing else this week.
Related events
- KTR seeks answers from Centre leadership regarding Subhash Chandra's insolvency case involving Essel Group.
- Essel Group chairman approved a payment during the insolvency process, while Canara Bank was involved in legal matters concerning Subhash Chandra's debt.
- Subhash Chandra is identified as the founder of Essel Group.
- CBI registered FIRs against Subhash Chandra and Essel Group regarding alleged loan fraud.