◆ Mixed
Subhash Chandra’s ₹22,006 crore insolvency case: NCLAT issues notice over asset restraint
NCLT is in focus.
29 Sept 2026 · LiveMint Companies
Essel Group Chairman Subhash Chandra has challenged an NCLT order restraining him from alienating assets during insolvency proceedings. The case involves admitted creditor claims of ₹22,006.57 crore against a proposed repayment of ₹6.25 crore.
The analysis
NCLT reported ₹22,006 crore, ₹22,006.57 crore and ₹6.25 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With NCLT involved, this carries a regulatory dimension that can outlast the immediate market reaction.