Creditors News

Research indicates that Apollo's reputation for harsh treatment of creditors is driving up debt costs for its portfolio companies by about one percentage point

A new five-member NCLT bench has stayed the approval of Subhash Chandra's repayment plan and restrained the Essel Group founder from alienating any assets, foll

सुभाष चंद्रा ने कहा है कि वह Zee को मुफ्त सेवा दे रहे हैं और उन्हें वेतन नहीं मिलता, साथ ही उन्होंने दावा किया कि उनके पास कोई संपत्ति नहीं है। उन्होंने यह भी ब

Essel Group founder Subhash Chandra faces backlash over his personal insolvency process, where creditors approved a ₹6.5 crore settlement against ₹22,000 crore

The NCLT will re-hear Chandra's repayment plan with a larger bench due to a lack of majority view on whether the plan should apply to all creditors or only thos

Creditors, including LIC Housing and several banks, have appealed to the NCLAT against the NCLT's approval of Subhash Chandra's ₹6.5 crore payout plan in his in

Creditors of Subhash Chandra are expected to recover only ₹6.5 crore against claims of ₹22,006 crore in an insolvency case involving a ₹170-crore loan from Indi

A popular shoe chain has entered administration, owing £37.5 million to creditors, resulting in the closure of all its stores except three flagship branches now

Media baron Subhash Chandra announced his intention to work with friends in Switzerland following the NCLT's approval of a repayment plan where creditors will r

The NCLT has approved a resolution plan for Zee founder Subhash Chandra, allowing him to pay approximately ₹6.5 crore against ₹22,006.57 crore in admitted claim

The NCLT has approved Subhash Chandra's insolvency plan, settling Rs 22,006 crore in claims for Rs 6.25 crore, a decision met with dissent from some lenders. Go

HDFC is considering appealing a 99.97% haircut on its claims against Zee's Subhash Chandra, despite assenting creditors arguing their plan offered a better outc

Media baron Subhash Chandra clarified that his personal insolvency claim is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, and a NCLT m

Sources indicate that the Rs 22,000 crore in question is not a bank loan write-off, clarifying the NCLT order in the Subhash Chandra case. The approved repaymen

The NCLT has approved a repayment plan for Subhash Chandra, where creditors will recover approximately ₹6.5 crore against claims of ₹22,006.57 crore. This decis

The NCLT has approved Subhash Chandra's repayment plan, which will see lenders receive only Rs 6.5 crore against claims of Rs 22,006.57 crore, representing a ne

Thames Water creditors are proposing a board overhaul as part of a £10bn rescue deal to avoid nationalisation, drawing criticism from campaigners who call it a

A consortium seeking to acquire Thames Water has appointed three proposed directors with experience in water, infrastructure, and government, as they aim for go

The NCLT questioned SpiceJet's last-minute payment of ₹4.78 crore to one creditor and gave the airline two days to clear dues to others, noting the case has bee

The NCLT criticized SpiceJet for wasting court time after the airline settled one of its eight insolvency claims on the day of the order. The court has instruct

Andy Burnham has received a legal threat from Thames Water creditors regarding his nationalisation plans, with the group warning they would seek to recover outs

Lenders to Thames Water are reportedly preparing a legal challenge to demand full repayment of outstanding debts, potentially amounting to billions of pounds, s

Thames Water creditors are reportedly open to discussions with Andy Burnham regarding increased 'public control' over the company, amid suggestions that the inc

The CEO of Thames Water, Chris Weston, is seeking urgent clarification from the new Prime Minister regarding funding, as the company's current funds are set to