{"id":1038166,"date":"2026-09-24T08:08:28","date_gmt":"2026-09-24T02:38:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1038166"},"modified":"2026-09-24T08:21:02","modified_gmt":"2026-09-24T02:51:02","slug":"subhash-chandra-moves-nclat-challenges-nclt-5-member-bench-order-against-alienation-of-assets","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/24\/subhash-chandra-moves-nclat-challenges-nclt-5-member-bench-order-against-alienation-of-assets\/","title":{"rendered":"Subhash Chandra moves NCLAT, challenges NCLT 5-member bench order against alienation of assets"},"content":{"rendered":"<p>Subhash Chandra has moved the appellate tribunal, NCLAT, against the order of a five-member bench of the National Company Law Tribunal (NCLT), which restrained him from alienating his assets during the pendency of the matter. <\/p>\n<p>Chandra has challenged an order passed by a five-member NCLT bench, formed to decide his personal insolvency, on September 1, which stayed the order passed by the third tie-breaker judge, who voted for Rs 6.5 crore repayment against total liabilities of around Rs 22,000 crore. <\/p>\n<p>The appeal came up for hearing before a three-member bench, which asked his counsel to serve the copies to creditors and implead them as parties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subhash Chandra has moved the appellate tribunal, NCLAT, against the order of a five-member bench of the National Company Law Tribunal (NCLT), which restrained him from alienating his assets during the pendency of the matter. Chandra has challenged an order passed by a five-member NCLT bench, formed to decide his personal insolvency, on September 1, which stayed the order passed by the third tie-breaker judge, who voted for Rs 6.5 crore repayment against total liabilities of around Rs 22,000 crore. The appeal came up for hearing before a three-member bench, which asked his counsel to serve the copies to creditors [&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":[58,4,10],"tags":[],"class_list":["post-1038166","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038166","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=1038166"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038166\/revisions"}],"predecessor-version":[{"id":1038194,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038166\/revisions\/1038194"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1038166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1038166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1038166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}