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Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's ins

  • Posted on August 30, 2026
  • By Business News Today
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  • 1 min read
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Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's ins
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's ins

Dissenting lenders have alleged that five entities linked to Subhash Chandras family controlled 61.78% of voting rights and helped approve his personal insolvency plan. The plan proposes paying ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, though Chandra disputes that claim amount.
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Business News Today

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