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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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Soyabean futures up on global cues
Photo: Geewinexim
NEW DELHI, 14 Oct, 2015: Soyabean prices spurted by Rs 74 to Rs 3,947 per quintal in future trading today as speculators enlarged positions, supported by rising demand at the physical markets. 

At the National Commodity and Derivatives Exchange, soyabean for delivery in October flared up by Rs 74, or 1.91 per cent, to Rs 3,947 per quintal, in an open interest of 5,040 lots. 

Also, soyabean for most-active November delivery spurted Rs 73, or 1.88 per cent, to Rs 3,950 per quintal and an open interest stood of 81,650 lots. 

Marketmen attributed rise in soyabean futures to strong demand at the domestic spot market. 

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