LIC Housing Finance Clarifies NCLT Ruling on Subhash Chandra’s Insolvency and Security Interests
Market snapshot: LIC Housing Finance has clarified that the National Company Law Tribunal’s approval of Dr. Subhash Chandra’s personal guarantor repayment plan will not impact its primary security interests. While the plan offers a minuscule direct payout against the lender’s admitted dues, the company confirmed that it continues to hold and enforce mortgages over the…

