News › Markets · 27 Aug 2026, 7:00 PM IST · 4 days ago

Subhash Chandra insolvency: How creditors will recover just 3 paise for every ₹100 owed | Explained

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In one line — Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around ₹6.5 crore against ₹22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises

Bearish

Bullish

−10000 ●+100

Source: Mint · AI-summarised by Anadi · Updated 27 Aug 2026, 7:34 PM IST

What Happened

Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around ₹6.5 crore against ₹22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises questions over creditor commercial wisdom.