The Hindu National · DistrictNews · 2026-08-30
Subhash Chandra insolvency: Why are creditors set to recover only ₹6.5 crore
The case concerns proceedings by Indiabulls Housing Finance over a ₹170-crore loan given to Vivek Infracon Private Limited, for which Mr. Chandra had provided a personal guarantee Subhash Chandra's insolvency plan allows creditors to recover only ₹6.5 crore from ₹22,006 crore in claims, sparking controversy. Subhash Chandra insolvency: Why are creditors set to recover only ₹6.5 crore against ₹22,006 crore claims?
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