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VERIFIEDMint Industry·negative
Subhash Chandra insolvency: Union Bank to challenge NCLT order approving ₹6.5-crore repayment plan
AI Summary
- ·Union Bank of India will challenge the NCLT's approval of Subhash Chandra's ₹6.5-crore repayment plan.
- ·The repayment plan is against ₹22,006.57 crore in claims.
- ·HDFC Bank is considering an appeal, and LIC Housing Finance will pursue principal borrowers.