Currents · Business · 2026-08-29
Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income
Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut row. Speaking on Friday, Chandra said he would have to pay his remaining Rs 6,5 crore under the plan and insisted that he had no regrets about his financial circumstances. The remarks came after the National Company Law Tribunal approved a repayment plan. Subhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the insolvency plan, while rental income from a partly leased residential property covers his expenses. His remarks come after the NCLT approved a Rs 6.25-crore repayment plan against admitted creditor claims.
Why it matters. Why it matters: Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut row.
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