Subhash Chandra challenges larger NCLT bench in insolvency case

Zee TV founder and Essel Group chairman Subhash Chandra on Wednesday challenged the National Company Law Tribunal’s (NCLT) decision to constitute a five-member bench to hear his personal insolvency case, questioning the tribunal’s power to do so.

Appearing before the National Company Law Appellate Tribunal (NCLAT), senior advocate Sasmit Patra, representing Chandra, argued that the NCLT lacked statutory authority to form such a bench.