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SumanSpeaks Capital Markets & Geopolitical Intelligence  ·  Estd 2006   Insolvency Law · Corporate Accountability When the Law Works Exactly as Designed — And Still Feels Wrong ₹22,006 crore in personal guarantees. Settled for ₹6.5 crore. Approved 80.81% to a minority that included two public sector banks — with the tribunal's own bench divided before a tie-breaking member stepped in. Subhash Chandra (Goenka), founder of the Essel Group and promoter emeritus of Zee, has settled a personal guarantee liability of ₹22,006 crore for ₹6.5 crore. The National Company Law Tribunal approved the plan this week. The case began small. In 2022, Indiabulls Housing Finance — now Sammaan Capital — moved against Chandra over a personal guarantee on a ₹170 crore loan to Vivek Infracon. By the time the insolvency plea was admitted in 2024, admitted c...
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Geodesic Board recommended Final Dividend of Rs.2
The Board of Directors of Geodesic Ltd at its meeting held on December 03, 2012, had Considered and recommended final dividend @ Rs. 2/- per share on the face value of Rs. 2 each on equity shares of the Company to be paid after approval of shareholders in the AGM.
Therefore, if anyone is buying the share now, should be entitled to a divided, which is not at all bad at the CMP of Rs.24-25. 

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