Subhash Chandra’s ₹22,006 crore insolvency case: NCLAT issues notice over asset restraint

The insolvency battle involving Essel Group Chairman Subhash Chandra has moved to the National Company Law Appellate Tribunal (NCLAT), which on Tuesday issued notice on his appeal challenging an order restricting him from alienating his assets.Chandra has challenged a September 1 order of the Delhi Bench of the National Company Law Tribunal (NCLT), which restrained him from alienating his assets during insolvency proceedings initiated against him in his capacity as a personal guarantor, according to Live Law Biz.The appeal was…