News › Markets  ·  27 Aug 2026, 8:44 PM IST  ·  4 days ago

Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against him

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In one line — Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A t

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Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 9:36 PM IST

What Happened

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly.