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Zee's Subhash Chandra gets NCLT nod for Rs 6.5 crore repayment against Rs 22,006 crore claims
The National Company Law Tribunal’s Delhi Bench approved Subhash Chandra's repayment plan of Rs 6.25 crore against claims of Rs 22,006 crore in his personal insolvency proceedings, despite objections from financial creditors.
Read the full report at New Indian Express →
Also covered by
- Free Press Journal: Subhash Chandra’s Repayment Plan Gets NCLT Boost, ₹22,006 Crore Claims May Fetch Creditors Just ₹6.5 Crore
- Free Press Journal: NCLT Approves Subhash Chandra Repayment Plan; Creditors Face 99.97% Haircut On ₹22,006 Crore Claims
- The Hindu National: 'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's ₹6.5 crore payout
- Business Standard: How NCLT approved Subhash Chandra's ₹6.5 cr payout against ₹22,006 cr claims
- Indian Express: Rs 22,006 crore claim, Rs 6.5 crore payout: Why NCLT’s Subhash Chandra order puts lens on insolvency framework
- Munsif Daily: HDFC Bank likely to challenge NCLT order giving 99.97 pc debt haircut to Subhash Chandra
- Livemint: Subhash Chandra's ₹6.5 cr payout to settle dues cleared by NCLT; Congress calls it ‘mundan’: Key things to know
- Livemint: ‘Complete mockery’: Congress slams Subhash Chandra’s 0.028% NCLT settlement plan; social media reacts
- Business Standard: Subhash Chandra says NCLT insolvency claim is ₹3,992 cr, not ₹22,000 cr
- NDTV India: "Indian Debt Resolution": Vijay Mallya On Subhash Chandra's 99.97% Debt Haircut
- Business Standard: HDFC Bank weighs NCLAT appeal against Subhash Chandra repayment plan
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