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September 06, 2026 3:21 am
LICHFL has alleged wrongful loss of over Rs 1,322 crore in relation to two loan facilities granted in 2018 and secured by personal guarantees allegedly executed by Subhash Chandra.
September 02, 2026 1:36 am
The NCLT’s August 25 order approving the repayment plan came after a split verdict by a two-member Bench was resolved by a third member.
September 01, 2026 7:23 am
The case has attracted considerable attention because of the exceptionally large gap between the claims and the amount proposed to be paid to creditors.
August 31, 2026 11:25 am
HDFC Bank has Rs 775 crore outstanding, while LIC Housing has the highest dues at Rs 1,322 crore
August 30, 2026 1:18 pm
Banks say that the Zee founder’s associates and related parties, which had a greater vote share, backed the repayment plan. Chandra’s office has denied the claim.
August 29, 2026 11:50 am
The Zee founder’s Rs 6.25-crore settlement is just a fraction of what lenders are owed, highlighting a larger problem with recoveries under the IBC. In 2025-26, banks recovered only 20% of what they were owed through the insolvency process — the lowest in five years.
August 28, 2026 10:25 am
Subhash Chandra's office has stated that as a personal guarantor, the total claim against him in the personal insolvency proceedings is only Rs 3,992 cr and not Rs 22,000 cr.
June 13, 2023 2:28 pm
The Securities and Exchange Board of India (SEBI) on Monday banned Chandra and Goenka for a year, saying they were actively involved in diverting company funds to the group's related entities.
June 13, 2023 4:08 pm
The market regulator on Monday barred Chandra and Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm.
June 13, 2023 4:03 pm
The realty index soared 3.01 per cent, led by gains in DLF, which hit a multi-year high of Rs 504.30.