NCLT halts Essel Group's ₹220bn loan repayment plan
NCLT halts Essel Group's ₹220bn loan repayment plan. The tribunal has stopped the proposed resolution plan for the Essel Group’s ₹220 billion debt, creating uncertainty for creditors and investors. This move may delay recovery for public depositors and affect market sentiment toward Zee Entertainment and other group companies. The group's financial restructuring now faces legal headwinds.
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