{ "story_id": "544d21a9bd44ff0a5a467c3478cfc843", "desk": "drm3", "revision": 1, "published_at": "2026-09-02T08:57:55.000Z", "content_hash": "103d14f2c8264bcf345a31e1c1ab1d136b34c3e1b46ed21e893a757f32e1d90f", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "NCLT forms five-member bench to reconsider Subhash Chandra repayment plan", "dek": "India's NCLT creates a special bench to review Subhash Chandra's loan repayment plan after a split decision.", "prose": "The National Company Law Tribunal (NCLT) in Delhi formed a new five-member special bench to reconsider Subhash Chandra's repayment plan because the previous three-member bench could not agree on how it would operate. [^1]\n\nThe stayed ruling required Subhash Chandra to pay ₹6.25 crore towards admitted claims of ₹22,006.57 crore in personal insolvency proceedings. [^2]\n\nA five-member special bench of India's National Company Law Tribunal (NCLT), led by president Justice Anupinder Singh Grewal, restrained Subhash Chandra from selling or transferring property held by him, directly or indirectly, during the pendency of the matter. [^3]\n\nThe new five-member bench consists of NCLT President Justice Anupinder Singh Grewal, judicial members Bachu Venkat Balaram Das and Mahendra Khandelwal Das, and technical members Atul Chaturvedi and Ravindra Chaturvedi. [^4]\n\nThe previous three-member bench of the NCLT could not agree on how the repayment plan would operate, necessitating the formation of the new panel. [^5]\n\nThe five-member bench, comprising President Justice Anupinder Singh Grewal and four other members, observed that the earlier opinions did not yield a clear majority view capable of being given effect to. [^6]\n\nThe NCLT Special Bench restrained Subhash Chandra and his guarantors from alienating any properties held by them, either directly or indirectly. [^7]\n\nThe NCLT bench stated there was no clear majority view on the repayment plan, and therefore the order could not be given effect. [^8]\n\nThe settlement order concerned claims of roughly Rs 22,006 crore against which the Rs 6.5 crore settlement was proposed. [^9]", "cited": "[{\"statement\":\"The National Company Law Tribunal (NCLT) in Delhi formed a new five-member special bench to reconsider Subhash Chandra's repayment plan because the previous three-member bench could not agree on how it would operate.\",\"source\":\"mint\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T16:45:19.000Z\",\"publisher_count\":1,\"sources\":[\"mint\"]},{\"statement\":\"The stayed ruling required Subhash Chandra to pay ₹6.25 crore towards admitted claims of ₹22,006.57 crore in personal insolvency proceedings.\",\"source\":\"The Hindu\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T09:12:05.000Z\",\"publisher_count\":1,\"sources\":[\"The Hindu\"]},{\"statement\":\"A five-member special bench of India's National Company Law Tribunal (NCLT), led by president Justice Anupinder Singh Grewal, restrained Subhash Chandra from selling or transferring property held by him, directly or indirectly, during the pendency of the matter.\",\"source\":\"Hindustan Times\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-02T04:22:33.000Z\",\"publisher_count\":1,\"sources\":[\"Hindustan Times\"]},{\"statement\":\"The new five-member bench consists of NCLT President Justice Anupinder Singh Grewal, judicial members Bachu Venkat Balaram Das and Mahendra Khandelwal Das, and technical members Atul Chaturvedi and Ravindra Chaturvedi.\",\"source\":\"mint\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T16:45:19.000Z\",\"publisher_count\":1,\"sources\":[\"mint\"]},{\"statement\":\"The previous three-member bench of the NCLT could not agree on how the repayment plan would operate, necessitating the formation of the new panel.\",\"source\":\"Hindustan Times\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T01:21:25.000Z\",\"publisher_count\":1,\"sources\":[\"Hindustan Times\"]},{\"statement\":\"The five-member bench, comprising President Justice Anupinder Singh Grewal and four other members, observed that the earlier opinions did not yield a clear majority view capable of being given effect to.\",\"source\":\"The Hindu\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T09:12:05.000Z\",\"publisher_count\":1,\"sources\":[\"The Hindu\"]},{\"statement\":\"The NCLT Special Bench restrained Subhash Chandra and his guarantors from alienating any properties held by them, either directly or indirectly.\",\"source\":\"The Hindu\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T09:12:05.000Z\",\"publisher_count\":1,\"sources\":[\"The Hindu\"]},{\"statement\":\"The NCLT bench stated there was no clear majority view on the repayment plan, and therefore the order could not be given effect.\",\"source\":\"Mid-day\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-02T08:57:55.000Z\",\"publisher_count\":1,\"sources\":[\"Mid-day\"]},{\"statement\":\"The settlement order concerned claims of roughly Rs 22,006 crore against which the Rs 6.5 crore settlement was proposed.\",\"source\":\"Mid-day\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-02T08:57:55.000Z\",\"publisher_count\":1,\"sources\":[\"Mid-day\"]}]", "kind": "news" }, "receipt_verify": "Ed25519 over the dot-joined string `slice_hash.cursor_from.cursor_to.view.view_version.row_count`; 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