Banks to challenge Subhash Chandra's ₹6.25-cr repayment plan

Banks to challenge Subhash Chandra's ₹6.25-cr repayment plan. Canara Bank, Union Bank of India, and LIC Housing Finance will contest the NCLT’s approval of the repayment plan. The move signals concerns over recovery and precedent for large debt resolutions. ₹6.25 crore is the disputed amount under the approved plan.

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