Five-member NCLT bench issues notices in Subhash Chandra insolvency case

A five-member NCLT bench issued notices in Subhash Chandra's insolvency proceedings. This bench was formed after a previous one could not agree. The case involves creditor claims exceeding twenty-two thousand crore rupees. Chandra proposed a repayment plan of six point five crore rupees. The tribunal will now examine the legality of this proposed repayment.