NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]
The Mumbai bench of National Company Law Tribunal, declared the personal guarantor, the former chairman of the Dewan Housing Finance Corporation Limited (DHFL) bankrupt over dues of ₹4,545,96,56,973.57 related to the Dewan Housing Finance Corporation Limited (DHFL) facility agreements, providing relief to Union Bank of India (UBI). Union Bank of India,petitioner-financial creditor ,had provided credit…

