NCLT Clears Subhash Chandra’s Rs 6.5 Crore Payout to Settle Rs 22,006 Cr Dues With 99.97% Haircut

NCLT Clears Subhash Chandra’s Rs 6.5 Crore Payout to Settle Rs 22,006 Cr Dues With 99.97% Haircut

Last Updated:August 27, 2026, 1:37 PM IST NCLT Member (Judicial) Nilesh Sharma approves the plan under Section 114 of IBC, rejecting objections by lenders that the recovery was too meagre to merit approval. Subhash Chandra. (File Photo) The insolvency tribunal NCLT has approved a repayment plan under which media baron Subhash Chandra will pay just…

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