Subhash Chandra repayment plan: NCLT seeks CBI response, puts hearing on hold

The National Company Law Tribunal (NCLT) on Wednesday sought a response from the Central Bureau of Investigation (CBI) within four weeks in the case involving Zee founder Subhash Chandra’s repayment plan, while deferring the hearing over a shortage of benches at the tribunal. The five-member bench said the CBI’s investigation into the matter could have a bearing on the proceedings.The CBI has registered an FIR against Subhash Chandra and others following a complaint by LIC Housing Finance Ltd (LICHFL) over…