Listen to this article:

New Delhi: It now seems there is more than what meets the eye in the Indiabulls Housing Finance Ltd versus Subhash Chandra case, where a last week’s order by a single member of the National Company Law Tribunal (NCLT) resulted in such an uproar that the NCLT president had to constitute an unprecedented five-member bench to stay the order.

The bench, presided over by NCLT president Justice Anupinder Singh Grewal, today (September 1) stayed the August 25 order.

The other members on the bench included Bachu Venkat Balaram Das, Mahendra Khandelwal, Atul Chaturvedi and Ravindra Chaturvedi.

A perusal of the detailed order by the five-member bench makes for interesting reading.

The order says that, on September 3, 2025, a two-member bench comprising Ashok Kumar Bhardwaj and Reena Sinha........

© The Wire