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'Not haircut but mundan': Congress on NCLTclearing Subhash Chandra's ₹6.5 crore payout

The insolvency tribunal NCLT has approved a repayment plan under which the media baron will pay just ₹6.5 crore to settle admitted creditor claims of about ₹22,006.57 crore in his personal insolvency resolution process, translating into a haircut of nearly 99.97% for lenders

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The Hindu27 Aug 2026, 07:15 amUpdated 1h ago1 min readBusinessIndia
'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's ₹6.5 crore payout

IndiaThe Hindu

The insolvency tribunal NCLT has approved a repayment plan under which the media baron will pay just ₹6.5 crore to settle admitted creditor claims of about ₹22,006.57 crore in his personal insolvency resolution process, translating into a haircut of nearly 99.97% for lenders

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu

Source: The Hindu. Published 27 Aug 2026, 07:15 am.

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