News › Markets · 28 Aug 2026, 10:20 AM IST · 4 days ago

Explained | Why HDFC Bank is set to challenge NCLT order for Subhash Chandra and what’s the entire case

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In one line — HDFC Bank has opposed the National Company Law Tribunal's (NCLT) repayment plan for Zee Group founder Subhash Chandra, allowing creditors to receive around ₹6.5 crore against admitted claims of ₹22,006.57 crore. Here's a

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Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 10:24 AM IST

What Happened

HDFC Bank has opposed the National Company Law Tribunal's (NCLT) repayment plan for Zee Group founder Subhash Chandra, allowing creditors to receive around ₹6.5 crore against admitted claims of ₹22,006.57 crore. Here's all you need to know about the case.