Last Updated: October 24, 2026

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  • Tag: NCLT order

    HDFC Bank likely to challenge NCLT order giving 99.97 pc debt haircut to Subhash Chandra

    New Delhi: After an NCLT order approved a repayment plan that grants Essel Group founder Subhash Chandra a 99.97 per cent haircut on admitted creditor dues worth Rs 22,006 crore, HDFC Bank said on Thursday it is exploring an appeal before the National Company Law Appellate Tribunal (NCLAT). A bank spokesperson said its admitted claim.