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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...
Jai Prakash Associates Ltd: Explosive Chart
I have seen most of the analysts have turned bullish on the infrastructure stocks, as the government is expected to give a thrust in this space in the next Union Budget. I am expecting it touch Rs.83-84 by that time. Earlier a number of brokerage houses have recommended the scrip for good targets going forward. 
The Cement Companies have hiked cement prices across the country, barring few in southern territories, by Rs.10-15 per 50 kg bag this week---this augurs well for the scrip of Jai Prakash Associates Ltd.
Note: This Chart based report was sent to the Paid Groups, today morning, i.e. on 19th February, 2013.

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