NCLT Clears Subhash Chandra’s ₹6.5 Cr Payout Against Claim Of ₹22,006.57 Cr | Vijay Mallya Responds
The National Company Law Tribunal (NCLT)’s special bench on Tuesday approved a repayment plan proposed by Zee group’s founder and chairman Subhash Chandra. Under the plan Chandra will pay just ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, giving creditors a recovery of only around 0.03% of their admitted dues.
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