I'll make sure lenders are paid their final dues: Creditors challenge Essel Group founder's insolvency process

·1 Sept
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Subhash Chandra faces public backlash over his personal insolvency process. Creditors approved a settlement of ₹6.5 crore while admitted claims stood at ₹22,000 crore. Chandra states Indian bank claims are only ₹5,311 crore. He expects principal creditors will fully repay lenders. Chandra also discussed misunderstandings and allegations surrounding the process.

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The Economic Times

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