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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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#BTST - Buy Graphite India Ltd at around Rs. 312, T: Rs.320 - 328, SL: Rs.303.90.
The positive development of steer sector has a direct bearing on this space.

#The scrip of 63 Moons Technologies Ltd (Rs. 122) today hit its 2nd target of Rs. 121, as it touched Rs.125.40 intraday.  The traders are suggested to book complete profits and again reenter if it falls near Rs.117.


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