The NCLAT is set to hear an appeal today, Sept 1, challenging the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra that involves a 99.97% haircut for creditors. LIC Housing Finance, Canara Bank and Union Bank of India are among those opposing the plan. Solicitor General Tushar Mehta is representing the creditors in the case.
Politics
Subhash Case: NCLAT To Hear 99.97% Haircut Plea Today
