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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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Market Mantra
Suzlon Energy Ltd moves up today by more  than  6% in the early afternoon trade. There are some positive developments in the company.
Buy Sintex Industries Ltd at Rs.63, T--Rs.71, SL--Rs.59. The book value of the shares of the company is Rs.74.67.  It is a profit making blue chip company.
Investors should start accumulating Geodesic Ltd when  the price stabilizes---it is a blue chip company. CMP: Rs.19.05.
Investors should accumulate, United Breweries Holdings Ltd at Rs.88, T--Rs.115--121. CLICK HERE.

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