It has claimed that Chandra provided a guarantee for a loan to Gnex Projects that obtained a Rs 190 crore loan from Indiabulls Housing Finance in September 2020 alongwith Essel Home, which was the co-borrower, the sources said.
source https://economictimes.indiatimes.com/industry/banking/finance/indiabulls-housing-finance-moves-nclt-against-subhash-chandra-to-recover-loans/articleshow/90116519.cms
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