NCLAT

NCLT

Part 2: Why Six Lenders Are Fighting the Subhash Chandra Repayment Plan

HDFC Bank, Axis Bank, Canara Bank, RBL Bank, Union Bank of India, and LIC Housing Finance all opposed the NCLT-approved plan under which Subhash Chandra pays ₹6.5 crore against ₹22,006 crore in claims. Here is what the tribunal itself said its role was, and was not.