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Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan hair

  • Posted on August 29, 2026
  • By Business News Today
  • 2 Views
  • 1 min read
In brief

Subhash Chandra, founder of Zee Entertainment, disclosed possessing approximately Rs 6.5 crore as part of his financial restructuring under NCLT proceedings. The insolvency resolution plan, which garnered approval for Rs 6.25 crore in repayment obligations, represents a substantial debt write-down of over 99.97%. To sustain his living expenses, Chandra relies on rental income generated from his partially leased residential property, demonstrating how high-profile entrepreneurs navigate severe financial distress through asset monetization and creditor negotiation frameworks.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan hair
Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan hair

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.
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Business News Today

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