{"id":1031754,"date":"2026-08-28T08:58:34","date_gmt":"2026-08-28T03:28:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031754"},"modified":"2026-08-28T09:13:51","modified_gmt":"2026-08-28T03:43:51","slug":"congress-calls-nclt-neta-company-loot-tribunal-over-haircut-approval-for-subhash-chandra","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/28\/congress-calls-nclt-neta-company-loot-tribunal-over-haircut-approval-for-subhash-chandra\/","title":{"rendered":"Congress calls NCLT &#8216;Neta-Company Loot Tribunal&#8217; over haircut approval for Subhash Chandra"},"content":{"rendered":"<p>The Congress on Thursday took a swipe at the government after the NCLT approved media baron Subhash Chandra&#8217;s Rs 6.5 crore payout to settle dues of Rs 22,006 crore, dubbing the tribunal the &#8216;Neta-Company Loot Tribunal&#8217; and calling the move not merely a haircut but a &#8220;mundan&#8221;. <\/p>\n<p>The opposition party said the haircut approval by the National Company Law Tribunal (NCLT) makes a &#8220;complete mockery&#8221; of the Insolvency and Bankruptcy Code, 2016. <\/p>\n<p>In his reaction, Chandra said the total claim against him in the personal insolvency proceedings is only &#8220;Rs 3,992 crore&#8221; for which he was a personal guarantor and not the borrower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Congress on Thursday took a swipe at the government after the NCLT approved media baron Subhash Chandra&#8217;s Rs 6.5 crore payout to settle dues of Rs 22,006 crore, dubbing the tribunal the &#8216;Neta-Company Loot Tribunal&#8217; and calling the move not merely a haircut but a &#8220;mundan&#8221;. The opposition party said the haircut approval by the National Company Law Tribunal (NCLT) makes a &#8220;complete mockery&#8221; of the Insolvency and Bankruptcy Code, 2016. In his reaction, Chandra said the total claim against him in the personal insolvency proceedings is only &#8220;Rs 3,992 crore&#8221; for which he was a personal guarantor and [&hellip;]<\/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":[74,4,17],"tags":[],"class_list":["post-1031754","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031754","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=1031754"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031754\/revisions"}],"predecessor-version":[{"id":1031789,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031754\/revisions\/1031789"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}