NCLAT issues notices to creditors on Subhash Chandra's insolvency plea

•NCLAT issued notices to creditors on Subhash Chandra's insolvency plea, scheduling a hearing for October 29-30.

•Chandra challenged an NCLT order that stayed a third judge's decision in his personal insolvency matter and restrained him from alienating assets.

•Creditors have a week to reply, and Chandra must file a rejoinder within a week, as per the NCLAT's direction.

•The NCLAT also clubbed a separate petition challenging the NCLT order approving a settlement involving a payment of Rs 6.5 crore.