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India News

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

The Hindu - National · 27 August 2026 at 12:45 pm

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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