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

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.