NCLT admits Subhash Chandra into personal insolvency on Indiabulls plea | Mint – Mint
The National Company Law Tribunal (NCLT) on Monday has admitted Zee Entertainment Enterprises Ltd. (ZEEL) chairman emeritus Subhash Chandra into personal insolvency on the plea filed by Indiabulls Housing Finance over guarantees given to a company called Vivek Infracon. Meanwhile, the tribunal in Delhi also dismissed pleas by IDBI Trusteeship and Axis Bank against Chandra’s admission…