Indiabulls Housing Finance has renewed its personal insolvency plea against Zee’s Subhash Chandra over guarantees for Vivek Infracon. The National Company Law Tribunal will hear the case on March 4. Following Supreme Court validation, companies can revive cases against personal guarantors, enabling IBHF to pursue the plea. Legal complexities have surrounded this case, with the latest development allowing for potential asset attachment for loan recovery.
