An Essel Group company has moved the National Company Law Tribunal (NCLT) against Kotak Asset Management Company, claiming dues of Rs 12.99 crore, citing the corporate debtor's failure to honour its contractual obligations in an agreement dated April 6, 2019.

Essel Group slams dishonest debtor Kotak AMC, drags it to NCLT for dishonouring contractual obligations

Essel Group Chairperson Dr. Subhash Chandra gives an exclusive interview speaking on debt repayment and how they are close to hitting 100% debt repayment soon. "We have made some payments, so debt is lesser than 8% now," said Dr. Subash Chandra adding on. Watch this interview to know more.

Dr. Subhash Chandra exclusive: Essel Group Chairperson speaks on debt repayment

Essel Group will be debt-free soon, says Chairman Dr Subhash Chandra

‘Live in the present': Essel Group Chairman Dr Subhash Chandra shares success mantra with students

Fake news: Tweet on Zee Media-Adani Group deal is false and baseless

Major setback to Yes Bank: Allahabad High Court refuses to interfere in investigation on DishTV shares

The Group which was founded in 1926?has grown to become a multi-billion dollar business conglomerate having diverse business presence across media, entertainment, packaging, infrastructure, education, precious metals, finance and technology.

India: President, PM to attend Essel Group's 90th year celebrations

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Essel Group slams dishonest debtor Kotak AMC, drags it to NCLT for dishonouring contractual obligations

Dr. Subhash Chandra exclusive: Essel Group Chairperson speaks on debt repayment

Dr. Subhash Chandra exclusive: Essel Group Chairperson speaks on debt repayment

Essel Group will be debt-free soon, says Chairman Dr Subhash Chandra

‘Live in the present': Essel Group Chairman Dr Subhash Chandra shares success mantra with students

Fake news: Tweet on Zee Media-Adani Group deal is false and baseless

Major setback to Yes Bank: Allahabad High Court refuses to interfere in investigation on DishTV shares

India: President, PM to attend Essel Group's 90th year celebrations