Economy
NCLT Stays Subhash Chandra’s ₹6.25 Crore Settlement Plan

NCLT Stays Subhash Chandra’s ₹6.25 Crore Settlement Plan

The Times of India1h
THE BRIEF
1

The National Company Law Tribunal has stayed the ₹6.25 crore settlement plan proposed by Subhash Chandra.

2

Chandra has challenged the validity of the NCLT order, describing it as faulty and incorrect in his response.

3

The legal proceedings remain ongoing as the tribunal reviews the objections raised against the settlement terms.