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'Neta-Company Loot Tribunal': Congress on NCLT haircut approval for Subhash Chandra

Deccan Herald
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'Neta-Company Loot Tribunal': Congress on NCLT haircut approval for Subhash Chandra
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New Delhi: The Congress on Thursday dubbed NCLT as 'Neta-Company Loot Tribunal' after it cleared media baron Subhash Chandra's Rs 6.5 crore payout to settle Rs 22,006 crore dues and also took a swipe at the government, saying this was not just a haircut but a "mundan".The opposition party said the haircut approval by the National Company Law Tribunal (NCLT) makes a "complete mockery" of the Insolvency and Bankruptcy Code, 2016.In his reaction, Chandra said the total claim against him in the pers

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