Industry Reports

Subhash Chandra insolvency: Union Bank to challenge NCLT order approving ₹6.5-crore repayment plan

Wednesday, September 2, 2026 - 11:14
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Subhash Chandra insolvency: Union Bank to challenge NCLT order approving ₹6.5-crore repayment plan
Subhash Chandra insolvency case: Union Bank of India (UK) will challenge the NCLT's approval of Subhash Chandra's ₹6.5-crore repayment plan against ₹22,006.57 crore in claims. HDFC Bank is also weighing an appeal, while LIC Housing Finance will pursue principal borrowers.

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