Subhash Chandra opposes NCLT’s five-member bench in personal insolvency case

Sep 2, 2026

During a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT bench, asserting that it does not possess the power to create such a bench. This critical argument was made as the appellate tribunal is scheduled to address the issues again soon, particularly after the NCLT bench had put a hold on the approval of the repayment plan.

Morning Dispatcher

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.