{"id":1031730,"date":"2026-08-28T08:38:06","date_gmt":"2026-08-28T03:08:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031730"},"modified":"2026-08-28T08:41:01","modified_gmt":"2026-08-28T03:11:01","slug":"hdfc-bank-may-approach-nclat-against-chandra-s-order","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/28\/hdfc-bank-may-approach-nclat-against-chandra-s-order\/","title":{"rendered":"HDFC Bank may approach NCLAT against Chandra \u2019s order"},"content":{"rendered":"<p>HDFC Bank is \u201cexploring an appeal\u201d before the National Company Law Appellate Tribunal (NCLAT) against an NCLT order approving a repayment plan for Essel Group founder Subhash Chandra that entails a 99.97% haircut on creditors\u2019 admitted claims. <\/p>\n<p>The National Company Law Tribunal (NCLT) on Thursday approved the repayment plan under which creditors will receive Rs 6.5 crore against admitted claims of Rs 22,006.57 crore, translating into a recovery of just around 0.03%. <\/p>\n<p>HDFC Bank said its admitted claim accounted for only 3.2% of the total claims and that the facility was inherited from erstwhile HDFC Limited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HDFC Bank is \u201cexploring an appeal\u201d before the National Company Law Appellate Tribunal (NCLAT) against an NCLT order approving a repayment plan for Essel Group founder Subhash Chandra that entails a 99.97% haircut on creditors\u2019 admitted claims. The National Company Law Tribunal (NCLT) on Thursday approved the repayment plan under which creditors will receive Rs 6.5 crore against admitted claims of Rs 22,006.57 crore, translating into a recovery of just around 0.03%. HDFC Bank said its admitted claim accounted for only 3.2% of the total claims and that the facility was inherited from erstwhile HDFC Limited.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,4,12],"tags":[],"class_list":["post-1031730","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031730"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031730\/revisions"}],"predecessor-version":[{"id":1031762,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031730\/revisions\/1031762"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}