New Delhi: No final order has been passed by the National Company Law Tribunal in the personal insolvency case against Essel Group Chairman Subhash Chandra over claims of over Rs 22,000 crore, as its two-member bench on Monday failed to reach a majority verdict due to an independent opinion by the third member.
The matter has been sent to the NCLT President again following the difference of opinion. The President may appoint a third member or issue an order himself to reach a majority view.
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Earlier, the four-year-old personal insolvency matter of Subhash Chandra had been referred to a Third member, as the two-member division bench of…