Union Bank to challenge NCLT approval of Subhash Chandra insolvency plan

Mumbai, Aug 29: Union Bank of India is set to challenge the National Company Law Tribunal’s (NCLT) approval of a resolution plan in the personal insolvency proceedings against Essel Group Chairman Subhash Chandra, according to a statement issued on Saturday. The personal insolvency proceedings against Chandra were initiated by Indiabulls Housing Finance Limited. In the [...]