{"id":1032402,"date":"2026-09-01T08:38:39","date_gmt":"2026-09-01T03:08:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1032402"},"modified":"2026-09-01T09:27:51","modified_gmt":"2026-09-01T03:57:51","slug":"nclt-deadlock-over-subhash-chandras-%e2%82%b96-5-crore-plan-triggers-first-ever-five-member-bench","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/01\/nclt-deadlock-over-subhash-chandras-%e2%82%b96-5-crore-plan-triggers-first-ever-five-member-bench\/","title":{"rendered":"NCLT deadlock over Subhash Chandra\u2019s \u20b96.5-crore plan triggers first-ever five-member bench"},"content":{"rendered":"<p>Insolvency tribunal NCLT on Monday formed a five-member bench to decide on media baron Subhash Chandra&#8217;s repayment plan in a personal insolvency case involving claims of more than Rs 22,000 crore after a division bench failed to reach a majority verdict. <\/p>\n<p>The division bench had referred the personal insolvency case against the Essel Group Chairman to the tribunal&#8217;s president for fresh adjudication after failing to reach majority consensus on a proposed Rs 6.5 crore repayment plan despite referring the matter to a third judge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insolvency tribunal NCLT on Monday formed a five-member bench to decide on media baron Subhash Chandra&#8217;s repayment plan in a personal insolvency case involving claims of more than Rs 22,000 crore after a division bench failed to reach a majority verdict. The division bench had referred the personal insolvency case against the Essel Group Chairman to the tribunal&#8217;s president for fresh adjudication after failing to reach majority consensus on a proposed Rs 6.5 crore repayment plan despite referring the matter to a third judge.<\/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":[82,4,22],"tags":[],"class_list":["post-1032402","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032402","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=1032402"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032402\/revisions"}],"predecessor-version":[{"id":1032426,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032402\/revisions\/1032426"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1032402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1032402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1032402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}