Rs 22,006 crore claim, Rs 6.5 crore payout: Why NCLT’s Subhash Chandra order puts lens on insolvency framework 🔍
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📆August 27, 2026 at 02:23PM
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Rs 22,006 crore claim, Rs 6.5 crore payout: Why NCLT’s Subhash Chandra order puts lens on insolvency framework
The NCLT order will leave creditors with only around 0.03% of their admitted dues. The scale of the write-down raises a question: Is the insolvency system delivering resolution or merely putting a legal stamp on enormous creditor loss?
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