Subhash Chandra matter is an exceptional personal-guarantor resolution and should not be seen as corporate insolvency recoveries under the IBC, government sources said.
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Subhash Chandra matter is an exceptional personal-guarantor resolution and should not be seen as corporate insolvency recoveries under the IBC, government sources said.
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The company said the transaction is aimed at further investing in its existing associate, which operates in the electric two-wheeler segment.
Toxic's Day 2 box office performance is under focus as Yash's film is compared with Vijay's Jana Nayagan, which recorded a stronger second-day collection.
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Gandotra's resignation will come into effect from the closing hours of Aug. 31 onwards, with Vora formally taking over from Sept.1
Chandra clarified that he did not personally borrow money from the lenders involved in the proceedings and was only a personal guarantor for loans taken by borrowing entities associated with the broader Essel Group.