Union Bank, Canara Bank, LIC Housing Finance to challenge NCLT order on Subhash Chandra's repayment plan.

Union Bank, Canara Bank, and LIC Housing Finance will challenge NCLT's approval of Subhash Chandra's repayment plan.

Lenders had initially opposed the plan, but it was approved with 80.81% of voting share from other creditors.

Union Bank, Canara Bank, and LIC Housing Finance will appeal the decision in NCLAT.