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

Mint 3d ago·27 Aug 2026, 1:30 pm

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.

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  • Concerns S Chand & Company (SCHAND).
  • Category: Company.

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