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NCLT's 5-member bench begins hearing in Chandra's repayment plan

short by Vaishnavi Mishra / on Tuesday, 1 September, 2026
Insolvency tribunal NCLT on Tuesday began hearing media baron Subhash Chandra’s repayment plan in a personal insolvency case involving claims exceeding ₹22,000 crore. A five-member bench, formed for the first time in NCLT's history, is led by President Justice Anupinder Singh Grewal. Lenders argued that Chandra's proposed ₹6.5-crore payout was "unviable and unlawful" during the hearing.
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