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Dissenting creditors alleged family-linked entities cast 61.78% votes that cleared Subhash Chandra's insolvency plan - Rediff.com Business
The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.
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What Subhash Chandra Hopes For... - Rediff.com Business
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